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Why is Bitcoin Skyrocketing? The Cryptocurrency Hits 2023 Record High
Bitcoin recently saw a big price increase. The cryptocurrency reached $35,150, making it the highest price in 2023. Experts say this jump is partly because people think a new Bitcoin ETF will soon launch in the U.S. Right now, the price of Bitcoin is $34,702, up 13.38% in just one day, according to data from CoinMarketCap.
Since the start of this year, Bitcoin's value has nearly doubled. However, it's still much lower than its all-time high. That was $69,000 back in 2021. People are hopeful that a U.S.-based Bitcoin ETF could bring a lot of money into the market. NYDIG, a finance company, thinks it could be as much as $150 billion.
Lucas Josa, a market analyst, adds more information. He works for Mynt, which is part of BTG Pactual, a financial services company. Josa says the price went above $32,000 when news came out about a possible ETF from BlackRock. BlackRock is a big deal because it's the world's largest manager of assets like stocks and bonds.
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We are burning our strategic reserves to manage paper markets while China quietly builds a 900-million-barrel energy fortress. The exact math shows the US hits a critical 150-million-barrel military floor in just 41 days at maximum draw. By artificially suppressing wartime energy prices, the administration effectively handed a generational strategic advantage to our primary global rival. Here is the data-driven teardown of how short-term market optics just sold our physical energy future.👇https://triggledger.substack.com/p/shorting-america-how-trump-sold-our?utm_source=share&utm_medium=android&r=8gc1qf
📝 🇺🇸 🌹 DSA is not simply a group of “democratic socialists.”
It operates as an umbrella for electoral socialists, ecosocialists, Marxists, Marxist-Leninists, Trotskyists, anarchist, abolitionists and revolutionary anti-imperialists.
These factions disagree over tactics, but they remain under one organization because they share the same goal: build political power, recruit younger voters and get their own members elected.
Their strategy relies heavily on social media, college campuses and youth organizing because they understand that long-term political influence begins by shaping voters early.
The caucuses fight over reform versus revolution, centralized discipline versus bottom-up organizing and whether to remain inside the Democratic Party or eventually break from it.
But many of them do not align with mainstream Democrats at all.
They use the Democratic ballot line because it provides ballot access, campaign infrastructure, media attention and the fastest ...
