Ethereum

Bitcoin

BlackRock

<div id="youtube2-QSgFzZBVQtE" class="youtube-wrap" data-attrs="{&quot;videoId&quot;:&quot;QSgFzZBVQtE&quot;,&quot;startTime&quot;:null,&quot;endTime&quot;:null}" data-component-name="Youtube2ToDOM">
 <div class="youtube-inner"><iframe src="https://www.youtube-nocookie.com/embed/QSgFzZBVQtE?rel=0&amp;autoplay=0&amp;showinfo=0&amp;enablejsapi=0" frameborder="0" loading="lazy" gesture="media" allow="autoplay; fullscreen" allowautoplay="true" allowfullscreen="true" width="728" height="409"></iframe>
 </div>
</div>
<p>Bitcoin breaks $54K as momentum builds. Bitcoin recently surged past the $54,000 level, showing strong momentum and drawing increased attention. According to Dante Cook of <a href="https://bit.ly/SwanBitcoinsite" rel="noopener noreferrer nofollow">Swan Bitcoin</a>, several key factors are driving Bitcoin's latest price run.</p>
<p>First, the recent approval of Bitcoin ETFs has brought new legitimacy and awareness to the cryptocurrency. Major financial firms like BlackRock and Fidelity investing in Bitcoin has convinced many institutional investors to take a second look. Additionally, these big firms are spending millions marketing Bitcoin to retail investors.</p>
<p>Second, high inflation and economic uncertainty have pushed people to look for alternative stores of value. Bitcoin, with its capped supply and independence from government monetary policy, offers a potential hedge. Cook notes many countries have seen Bitcoin hit all-time highs in their local currencies recently.</p>
<p class="button-wrapper" data-attrs="{&quot;url&quot;:&quot;https://pbn3.substack.com/subscribe?&quot;,&quot;text&quot;:&quot;Subscribe now&quot;,&quot;action&quot;:null,&quot;class&quot;:null}" data-component-name="ButtonCreateButton"><a class="button primary" href="https://pbn3.substack.com/subscribe?" rel="noopener noreferrer nofollow"><span>Subscribe now</span></a></p>
<p>Going forward, the upcoming U.S. elections could shine further light on Bitcoin. Some candidates and politicians have advocated for Bitcoin, noting its success in countries like El Salvador. Issues like inflation, fiscal irresponsibility, and the expanding wealth gap may drive more populist support for non-traditional assets.</p>
<p>Finally, further cryptocurrency adoption could occur if an Ethereum ETF is approved. While Bitcoin is regarded as a commodity, Ethereum and its smart contract functionality may attract attention from Wall Street for its financial applications. Major players like JPMorgan have already invested heavily into Ethereum's infrastructure.</p>
<p>In summary, Bitcoin's increasing momentum appears driven by institutional adoption, economic conditions, political currents, and the growth of the broader cryptocurrency ecosystem. Further major price appreciation may occur if these trends continue gathering strength over the coming years.</p>
<div>
 <hr>
</div>
<p><strong>Guest:</strong> Dante Cook, Head of Swan Business<br>Swan Bitcoin ➜ <a href="https://bit.ly/SwanBitcoinsite" rel="noopener noreferrer nofollow">https://bit.ly/SwanBitcoinsite</a></p>
<div>
 <hr>
</div>
<div class="captioned-image-container">
 <figure><a class="image-link is-viewable-img image2" target="_blank" href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff472ca55-08cf-4109-a087-b594772f2c93_1280x720.jpeg" data-component-name="Image2ToDOM" rel="noopener noreferrer nofollow">
   <div class="image2-inset"><picture>
     <source type="image/webp" srcset="https://substackcdn.com/image/fetch/w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff472ca55-08cf-4109-a087-b594772f2c93_1280x720.jpeg 424w, https://substackcdn.com/image/fetch/w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff472ca55-08cf-4109-a087-b594772f2c93_1280x720.jpeg 848w, https://substackcdn.com/image/fetch/w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff472ca55-08cf-4109-a087-b594772f2c93_1280x720.jpeg 1272w, https://substackcdn.com/image/fetch/w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff472ca55-08cf-4109-a087-b594772f2c93_1280x720.jpeg 1456w" sizes="100vw">
     <img src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff472ca55-08cf-4109-a087-b594772f2c93_1280x720.jpeg" width="1280" height="720" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/f472ca55-08cf-4109-a087-b594772f2c93_1280x720.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:720,&quot;width&quot;:1280,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:170033,&quot;alt&quot;:&quot;&quot;,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null}" class="sizing-normal" alt="" title="" srcset="https://substackcdn.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff472ca55-08cf-4109-a087-b594772f2c93_1280x720.jpeg 424w, https://substackcdn.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff472ca55-08cf-4109-a087-b594772f2c93_1280x720.jpeg 848w, https://substackcdn.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff472ca55-08cf-4109-a087-b594772f2c93_1280x720.jpeg 1272w, https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff472ca55-08cf-4109-a087-b594772f2c93_1280x720.jpeg 1456w" sizes="100vw" loading="lazy" fetchpriority="high"> 
    </picture>
    <div class="image-link-expand">
     <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" viewbox="0 0 24 24" fill="none" stroke="#FFFFFF" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 "><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line>
     </svg>
    </div>
   </div></a>
 </figure>
</div>
<h3 id="strong-gain-access-to-our-deep-dive-research-and-video-analysis-from-paul-barron-and-the-pbn3-advanced-research-team-strong"><strong>Gain Access to our deep dive research and video analysis from Paul Barron and the PBN3 Advanced Research Team!</strong></h3>
<p><strong>MASTERMIND ANNUAL OFFER CODE:</strong> <a href="https://www.paulbarronnetwork.com/offers/ocWZoGn5?coupon_code=PBN50" rel="noopener noreferrer nofollow">https://www.paulbarronnetwork.com/offers/ocWZoGn5?coupon_code=PBN50</a><br><br><strong>MASTERMIND MONTHLY OFFER CODE:</strong> <a href="https://www.paulbarronnetwork.com/offers/zDbC9oMP?coupon_code=PBN50" rel="noopener noreferrer nofollow">https://www.paulbarronnetwork.com/offers/zDbC9oMP?coupon_code=PBN50</a><br><br><strong>MARKET SENTIMENT INDEX ANNUAL:</strong> <a href="https://www.paulbarronnetwork.com/offers/3DjKTgv3?coupon_code=PBN50" rel="noopener noreferrer nofollow">https://www.paulbarronnetwork.com/offers/3DjKTgv3?coupon_code=PBN50</a><br><br><strong>MARKET SENTIMENT MONTHLY:</strong> <a href="https://www.paulbarronnetwork.com/offers/7qqgqZdo?coupon_code=PBN50" rel="noopener noreferrer nofollow">https://www.paulbarronnetwork.com/offers/7qqgqZdo?coupon_code=PBN50</a></p>
<div>
 <hr>
</div>
<p>Connect with Paul Barron direct ➜ <a href="https://bit.ly/pbminnect" rel="noopener noreferrer nofollow">https://bit.ly/pbminnect</a></p>
<p>Subscribe on YouTube ➜ <a href="https://bit.ly/PBNYoutubeSubscribe" rel="noopener noreferrer nofollow">https://bit.ly/PBNYoutubeSubscribe</a></p>
<p>X/Twitter ➜ <a href="http://bit.ly/PBNtwitter" rel="noopener noreferrer nofollow">http://bit.ly/PBNtwitter</a></p>
<p>Trade with LuxAlgo for the best market indicators ➜ <a href="https://bit.ly/LuxPaul" rel="noopener noreferrer nofollow">https://bit.ly/LuxPaul</a></p>

BlackRock Pushes Bitcoin To $54,000 and Beyond!

Table of Contents

Paul Barron Network

Other articles published on Mar 6, 2024

UK Government Mandates Collaboration with i.AI for AI Projects

Inside crypto’s bid for influence on American politics

Ripple Analyst Sets $1 Target for XRP, Citing Strength of These Key Indicator

Pushd (PUSHD) Takes Pole Position in DeFi Innovation Amidst Competition from Ordi (ORDI) and Sei ...

177 Million SHIB up in Flames as Shiba Inu Recovers After 40% Drop

Tether Announces New Safety Tool as USDT Hits Record $100B

Join our free newsletter for daily crypto updates!