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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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Trump Cabinet Members Allegedly Buying Nuclear Bunkers
From ZeroHedge:
The Iran conflict has ignited a massive surge in demand for nuclear-proof bunkers across America, with even top Trump administration officials securing their own underground fortresses amid whispers of World War Three.
As The Telegraph reports, Ron Hubbard, owner of Atlas Survival Shelters, reports being “inundated with calls” since the conflict erupted, with enquiries spiking “tenfold.”
The Texas-based company, which builds everything from $20,000 basic shelters to multimillion-dollar compounds, is reaping a harvest from the heightened tensions.
Hubbard revealed that two senior Trump Cabinet members are new customers.
“One of them texted me yesterday, asking me: ‘When will my bunker be ready?’” he said.
These bunkers boast hardened steel construction, armoured blast doors, air purification systems, and luxuries like cinemas, pools, and gun ranges—designed to withstand drone strikes or worse.
UNVERIFIED REPORT OF IRAN THREATENING CLOSURE OF BAB AL‑MANDEB; ANOTHER STRATEGIC CHOKEPOINT
#OOTT
EXCLUSIVE | THE WAR ROOM IN TEHRAN HAS DECIDED THAT IF THE ENEMY SEEKS TO ESCALATE TENSIONS, THE CLOSURE OF ANOTHER STRATEGIC CHOKEPOINT—BAB AL‑MANDEB—WILL BE ADDED TO THE CLOSURE OF THE STRAIT OF HORMUZ. - IRAN MILITARY MONITOR ☫ ...
