
Bitcoin surges to 39-week high, leaving Meta, Visa, TSMC, and Exxon Mobil in its dust
Bitcoin jumps 4 places in global asset rankings, riding high on the Fed's flip to quantitative easing.
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Bitcoin jumps 4 places in global asset rankings, riding high on the Fed's flip to quantitative easing.

Crypto dreams turn into nightmares as addiction can lead to detachment from reality, isolation, and debt.

The Mad Money host made the comment in response to whether recent distresses to traditional banks offer an investment case for Bitcoin.

Bitcoin investors appeared to be taking profit as the market witnessed the largest sell pressure of over $500 million.

The CEO of ARK Invest said it was no surprise that decentralized, transparent, and auditable crypto market appreciated as U.S. regional bank stock imploded.

This marked the largest weekly outflow, which represents 1% of the market, while Bitcoin-based products saw $224 million in outflows.

Bankrupt crypto exchange FTX's crypto portfolio rose by roughly $63 million, according to Arkham Intelligence dashboard.

The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.

Crypto market cap surges after Fed introduces emergency measures, with expectations of triggering the bull market.
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