Just yesterday, Donald Trump publicly declared “Happy Crypto Week” during a rally. While it may sound like a throwaway phrase, the market heard it loud and clear. With Trump warming up to crypto voters and NFT fans, it’s triggering optimism that the next U.S. administration may be crypto-friendly—something markets are betting on heavily.
Since Bitcoin ETFs were approved, they’ve become a magnet for institutional money. Pension funds, hedge funds, and retail traders are pouring in. This flood of capital is tightening BTC supply, pushing the price upward. In fact, some ETFs are now absorbing more BTC than miners can produce daily.
We’re also seeing signs of a supply shock. Long-term holders aren’t selling, and wallets holding over 1,000 BTC (so-called “whales”) are accumulating again. This reduces liquidity on exchanges, and when demand rises with limited supply—prices fly.
Global markets are feeling slightly more bullish. The U.S. Federal Reserve is holding interest rates steady, inflation data is cooling, and there’s renewed appetite for risk. Bitcoin is benefiting from this macro shift as investors look for growth assets in a low-yield world.
The bullish mood is spilling into altcoins and meme coins too. Tokens like ETH, SOL, and even community-driven names like KEKIUS are seeing renewed volume. This reflects broader market participation—a healthy sign for sustained rallies.
As the headlines get louder and prices break all-time highs, Fear of Missing Out (FOMO) is returning. More people are entering the market—especially younger Aussies—using platforms like Gate.com to catch the next wave.
Crypto’s rise to $118K isn’t driven by hype alone. It’s the result of strong macro support, institutional adoption via ETFs, and rising political alignment. With whales accumulating and altcoins surging, the market appears ready for more upside.
Let the bull run begin.
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