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Bitcoin is knocking on $70K's door and I'm not going to lie, this feels good. ๐
After weeks of bleeding below $63K with all that tariff drama and risk-off panic, BTC just posted an 8.5% intraday gain, its biggest single-session move since early February, climbing to $69,500. The $70K level is right there and the market can smell it.
And it's not just Bitcoin either. ETH is up around 12% to $2,085, SOL gained 13%, and DOGE plus XRP are both flashing strong double-digit gains. This is a broad relief rally, not just one coin having a moment.
What's driving it? Honestly, a mix of things. Short squeezes clearing out overleveraged bears, dip buyers finally stepping in, and U.S. equities giving crypto some breathing room. Also worth mentioning, Tether just dropped a $200 million investment into digital marketplace Whop to push stablecoin payments further into mainstream use. Bullish signal if you ask me.
The real question now is whether Bitcoin can actually close above $70K and hold it. Can the momentum stick this time?
What do you think, real breakout or another fakeout? Let me know below! ๐
#Bitcoin #Ethereum #Solana