HOT TOPIC: XRP is leaving ETH and BTC behind
ripple:native +31% this week. ethereum:native +25%. bitcoin:native closed its best week in two years. Fear and Greed went 29 to 72 in seven days. Traders cannot agree on which one has the most upside left ๐
https://t.co/QzSlWayizw
$1.2 trillion has been added to precious metals and crypto in the last 3 hours.
Gold up +3.08%, adding $934 billion.
Silver up +3.86%, adding $136 billion.
Bitcoin up +8.14%, adding $103 billion.
Ethereum up +9.66%, adding $22 billion.
This comes as the Treasury announced it will double its bond buybacks, pushing the 30 year yield down from a 19 year high to 5.187%.
When yields fall, assets that pay no interest look better.
๐บ๐ธ ETF FLOWS: SOL and XRP spot ETFs saw net inflows last week, while BTC and ETH spot ETFs saw net outflows.
BTC: -$389.71M
ETH: -$2.26M
SOL: $10.26M
XRP: $2.25M
LATEST: ๐ Bitcoin would need an estimated $15T in additional capital to reach $1M by 2030, roughly 25% of the US stock market, according to 10x Research's Markus Thielen.
BREAKING: ๐บ๐ธ๐ฎ๐ท White House officials are reportedly discussing the use of nuclear weapons against Iran in strategy meetings, according to former Rep. Marjorie Taylor Greene.
Greene said: โItโs real. Iโm not speculating, I know.โ