Bitcoin Soars to $123K: Fed’s Rate Cut Hopes Ignite Crypto Fireworks 🚀
A potential rate cut, that golden chalice of liquidity, now glimmers in the market’s hand, offering a tailwind to Bitcoin and its altcoin kin. BTC’s market cap, once a humble sapling, now towers above Google and Amazon, claiming sixth place in the global asset pantheon. Only gold and the titans of tech-Apple, Microsoft, Nvidia-stand between it and the crown. Institutions, ever the pragmatists, have thrown their weight behind this surge: MicroStrategy’s Bitcoin hoard swells to $77.2 billion, while El Salvador’s stash glows with an unrealized profit of $468 million. A feast for the greedy, a famine for the cautious. 💰





