Well, well, well, look at Bitcoin, steady as she goes over the weekend, marching up to a mighty $118,000. But wait, hold on to your hats, folks, there’s more than meets the eye. The stars are aligning! đ
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Federal Reserve Hopes, ETF Inflows, and the Bullish Bonanza!
Now, if that wasnât enough, letâs talk about some real juicy catalysts that could fuel this Bitcoin rocket ship to the moon. First up, American investors are snapping up Bitcoin like itâs the last slice of pizza. ETF inflows shot up by a jaw-dropping $246 million last week-quite the turnaround from the previous weekâs $643 million outflow. Talk about a rebound! đđ¸
Thereâs also this little thing called âsupply on exchangesâ thatâs down to a teeny tiny level, making Bitcoin as rare as a unicorn in a field of daisies. And we all know what happens when something gets scarce-demand goes through the roof! đŚđ
And, just when you thought things couldnât get any better, the Federal Reserve might just start slashing interest rates in September. Oh yes, you heard me right! Those odds are climbing after the U.S. released some lackluster nonfarm payrolls data earlier this month. Hold your breath for more potential twists, folks!
But wait-if U.S. consumer price index data comes in weaker than expected on Tuesday, thereâs a chance the Federal Reserve could speed things up, and Bitcoin would be all the happier for it. Economists are predicting that Julyâs CPI could hit 2.8%, and tariffs might just have something to do with it. đ§
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2025-08-10 18:31