Welcome back to your Proactive Crypto Report with Natalie Stoberman!
Bitcoin continues to trade around $30,000 after a bullish end to the week. The market has witnessed a surge in activity driven by “Big Money” entering the crypto space. Bitcoin has seen an impressive 15 percent in weekly gains fueled by announcements from BlackRock filing for a potential spot Bitcoin ETF, to Charles Schwab, Fidelity, and Citadel Securities joining forces to launch the EDX crypto exchange.
The bullish momentum doesn’t stop there, as the International Monetary Fund has shifted its stance on cryptocurrencies. The IMF says outright bans are ineffective compared to the benefits that cryptocurrencies bring, like reducing financial inclusion and mitigating macroeconomic uncertainty.
Do you think these bullish times are here to stay? Share your thoughts in the comments section.
Thank you for watching, and we’ll see you next time!
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