Express stock exchange – Bitcoin: Super cycle or exaggeration?

Express stock exchange – Bitcoin: Super cycle or exaggeration?


The cryptocurrency Bitcoin struck again and marked a new all -time high. While the courses have been catapulted about the magical brand of $ 118,000, investors wonder: are we at the beginning of a historical “tech crypto supercycle” or is the market overheating?

Explosion -like price movement within hours

The price increase was almost dramatic: Within only 24 hours, Bitcoin broke through several important resistance brands at $ 113,000 and $ 115,000 before the maximum of over $ 118,000 was reached. A daily profit of over 5.8 percent underpins the vehemence of this movement.

Institutional demand as a spa driver

There are tangible factors behind the course fireworks. A crucial driver are the record inflows in Bitcoin ETFs, which recorded $ 1.17 billion on a single day of this week. This institutional demand also breathes the available offer on the stock exchanges.

At the same time, liquidations of short positions in the millions increase upwards by a cascade effect. The positive willingness to take risks from the stock markets, where important indices also grow, also fueled the trend.

Entire cryptom market in high altitude

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Should investors sell immediately? Or is it worth getting started with Bitcoin?

The euphoria does not only record Bitcoin. The entire market capitalization of all cryptocurrencies climbed to around $ 3.67 trillion – a jump of around 5.9 percent within 24 hours. Ethereum, the second largest cryptocurrency, increased about 7 percent and acts near the $ 3,000 mark.

Remarkable: 99 of the 100 largest cryptocurrencies according to market capitalization. The trade volume exploded to over $ 200 billion – a clear jump compared to the previous day.

Tech crypto super cycle on the march?

The parallel increase in cryptocurrencies and tech shares such as Nvidia makes some analysts speak of a beginning “tech crypto super cycle”. This theory states that innovations in artificial intelligence and growth of digital assets could fuel each other in a historical rally.

The persistently strong courses significantly above the psychologically important $ 100,000 brand underline the market dynamics. Without major negative regulatory messages or technical disorders, the current upswing seems primarily supported by solid market foundations and investor trust.

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Jayd Johnson

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