Bitcoin is currently demonstrating price behavior characteristic of an "early bull market," according to Fidelity Investments' Director of Global Macro, Jurrien Timmer.
Asset manager Grayscale says that the small group of blockchains already dominating decentralized finance (DeFi) and tokenized assets, Ethereum, Solana, BNB Chain, and Canton Network, are best positioned to absorb the first wave of institutional capital once the United States passes the CLARITY Act, its long-promised crypto rulebook.
XRP did it again. For the second week running, it pulled in more ETF inflows than both Bitcoin and Ethereum — and that's not a small thing in a market where those two have basically owned the institutional conversation for years.
Jeremy Sturdivant, the 19 year old who received 10,000 Bitcoin for two pizzas in May 2010, spent almost all of it long before BTC crossed even $1, let alone today's five figure levels.