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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.
Source
🌅 Market News Digest
[Jul 6-7, 2026 EST]
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“If you want to hate America, watch the news. If you want to love America, drive through it.”
European media has pushed a negative picture of America for generations and it’s not new with any recent president.
This pattern runs deep because the media has long helped European elites build their own identity by positioning America as the opposite of what they claim to value.
Historians trace this anti-American thread in European writing and press back to the 18th and 19th centuries and it grew stronger in the 20th.
America was often painted as crude, commercial, and overly individualistic, a threat to older European hierarchies of class and culture.
After World War II the coverage increased but it frequently framed the US as the powerful yet uncivilized counterpoint to a more refined and cooperative Europe.
Media outlets used stories about American business, culture, and foreign policy to reinforce that contrast and it became a reliable way to define a shared European self-image....
