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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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🇺🇸 Haidilao hotpot restaurant in San Jose, #California. A dancing robot at a Chinese hotpot restaurant started malfunctioning mid-service, knocking over tableware and continuing to move uncontrollably as staff tried to stop it in front of customers.
Robots and hotpot probably aren’t the best mix.
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The Phantom MK1 is the first US humanoid robot built explicitly for combat.
$150k per unit. Ballistic armor.
Stealth coating that hides it from thermal sensors.
Can carry 20kg of weapons or equipment.
Reports claim two units are already being tested on the frontlines in Ukraine.
War is about to look very different...
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"Will you change your party affiliation to Democrat?"
Rep. Thomas Massie: "I vote with Republicans 91% of the time, and the 9% I don't they're taking up for pedophiles, starting another war, or bankrupting our country." 🔥
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