[CryptoButthead.com , July 4, 2023 – msch] Howdy, now, on this glorious Fourth of July, while we’re grillin’ burgers and shootin’ off fireworks, Bitcoin and Ether decided to walk tall. They must’ve been too distracted by all the Independence Day celebrations, I reckon.
You see, them investors stayed mighty optimistic despite the Securities and Exchange Commission (SEC) throwin’ some criticism at BlackRock’s Bitcoin exchange-traded fund (ETF) application. BlackRock, bein’ the big dog in the money-managin’ business, didn’t let that stop ’em. They just went ahead and refiled that application, partnerin’ up with Coinbase as the proposed custodian. Take that, SEC!
Bitcoin slipped by about 0.54% from dawn till dusk in Hong Kong, restin’ at a cool US$30,971. Ether, on the other hand, took a tiny step down by 0.15% but managed to stay above US$1,900 since Sunday. These cryptos sure do know how to keep things interesting, don’t they?
Now, Bitcoin, bein’ the crypto granddaddy of ’em all, reached a high point of US$31,371 earlier on this fine Tuesday morning. That’s the highest it’s been since way back in June of 2022. Talk about makin’ a comeback!
We can’t help but give a tip of our hats to BlackRock, though. These folks ain’t afraid of a little SEC scuffle. They decided to put their faith in Coinbase, who’ll act as the custodian for their Bitcoin ETF. The Wall Street Journal even said that the SEC didn’t seem too impressed by Bitcoin ETF applications from the likes of BlackRock and Fidelity Investments. But you know what? BlackRock ain’t givin’ up. They’re standin’ tall and showin’ some real confidence in Bitcoin as a commodity. Good on ya, BlackRock!
Now, let’s talk about the winners and losers of the day. Litecoin took a bit of a tumble, fallin’ by a whopping 3.758% to US$107.36. It’s like it’s tryin’ to cool off before its upcoming third halving event on August 2. Gotta keep things mysterious, I suppose. And then there’s Binance’s BNB token, takin’ a little dip of 1.42% in the past 24 hours, sittin’ at US$245.23. Hang in there, fellas!
We got some winners too! Polygon’s Matic token decided to lead the pack, risin’ by a solid 2.21% to US$0.7053. Keep on truckin’, Matic! And let’s not forget about the XRP token, showin’ some strength with a 1.27% gain, reachin’ US$0.489. Way to go, XRP!
Overall, the total crypto market capitalization in the past 24 hours rose by a modest 0.36%, restin’ at a whopping US$1.21 trillion. Market volume also got a boost, increasin’ by a hefty 17.58% to US$37.49 billion. Them numbers keep climbin’, folks!
So, on this joyous Independence Day, let’s raise a glass to all them cryptocurrencies. Bitcoin and Ether might’ve stumbled a bit, but the crypto world keeps on spinnin’.
Editorial Disclosure: The editorial content on this page is not provided by any entity mentioned herein. Opinions expressed here are the author’s alone, and have not been reviewed, approved or otherwise endorsed by any of these entities.
Disclaimer: Yo, this is Booker your CryptoButthead talkin’, man. This article is for entertainment purposes only and does not constitute financial advice. Invest responsibly, y’all! Don’t take it too seriously. Crypto investing is serious, just like any other investments. Get real info, dude. Remember, investing is extra risky. If you don’t know, ask someone who does. This article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Furthermore the author(s) of this article may or may not hold a position in the mentioned stock or digital asset. None of the companies or organizations discussed in the above article have paid for this content. The information provided in this article should not be considered financial advice, and readers should always do their own research before making investment decisions. However, as with any investment, there are potential risks and uncertainties to consider, such as potential regulatory changes, market volatility, and competition from other players in the industry. It is important for investors to carefully monitor this stock or digital asset and its performance over time to make informed decisions about their investments. cryptobutthead dot com is a project of The SiLLC Assembly. This site is for entertainment purposes only. The owner of this site is not an investment advisor, financial planner, nor legal or tax professional and articles here are of an opinion and general nature and should not be relied upon for individual circumstances.
Hey guys, if you liked the article and want to give back a little, you can send us a small donation in Bitcoin, we are not the richest guys around, but every little bit helps us keep this website up and running and write more articles like this one.
So, if you want to send us a few sats, just make a transfer to our Bitcoin address, which you can find below or use the QR code.
Bitcoin address: bc1qcs35vjdsdxgqhugg05mh469ngrezv2s38fajn0
Thanks in advance for your support and for reading our article. You guys are the best!
The post Bitcoin and Ether Walking Tall on the Fourth of July, But Hey, Some Cryptos Are Still Hanging Tough first appeared on cryptobutthead.com.
Annika, The WebMistress
Dive deep into the digital realm, and you’ll find legends that have shaped the very fabric of the internet. Among them stands Annika, renowned as one of the pioneering WebMistresses in the European sector. With a digital footprint that traces back to the early days of the web, Annika’s influence is undeniable and far-reaching.
A seasoned crypto investor, Annika’s foresight led her to early investments in Bitcoin and Ethereum, solidifying her status not just as a digital maven but also as a visionary in the decentralized finance space. Her acumen in recognizing the potential of cryptocurrency has not only yielded significant returns but has also inspired many to explore the world of digital assets.
But it’s not just her financial prowess that sets her apart. As a trailblazer in social media, Annika’s voice resonates with authenticity, wisdom, and experience. Her insights, drawn from years of navigating the ever-evolving digital landscape, have guided countless individuals and businesses towards online success.
Today, as the WebMistress, Annika continues to inspire, educate, and lead. Her legacy is a testament to the power of passion, vision, and relentless pursuit of excellence in the digital age.
Join her on this journey, and discover the endless possibilities that the digital world holds.
