Bitcoin Rallies, XRP Pops, Crypto Roars 🧵
#BTC surged past $120,000, gaining ground as investors rotated into digital assets amid thin global liquidity
Dollar Dips, Fed Cuts Loom
The U.S. dollar fell Friday as investors priced in lower yields and cheaper hedging costs.
Wall Street Climbs, Gold Glitters
U.S. stocks flirted with record highs. AI and tech stocks carried the torch as traders bet on a Fed pivot. Gold spiked to nearly $3,900/oz, cementing its role as a haven.
Data blackout adds fog
The U.S. government shutdown delays crucial economic releases (e.g. non‑farm payrolls), making sentiment vulnerable to surprises.
Sky‑high valuation meets exhaustion
Gold has already leapt ~45‑47% this year, touching fresh records above $3,875/oz, and rally fatigue is a real concern
CASE IN POINT
Risk-on returned, crypto cracked higher, and the dollar wobbled — but with key data missing and volatility rising, the mood remains fragile beneath the surface.
Stay safe, stack Sats, HODL
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