Key facts:
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Bitcoin surpassed the $70,000 barrier again thanks to ETFs and capital inflows.
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The defunct Mt. Gox exchange prepares around 140,000 bitcoin as payment to its creditors.
A very busy week ends in the news for bitcoin (BTC) and cryptocurrencies. The state of the market and its possible behaviors captured the attention of our audience. From BTC, Ethereum, BNB, Cardano, Solana to memecoins, large capital continues to enter these crypto assets through different channels, either institutionally or due to the renewed appetite of whales.
Two topics are at the top of the conversation among our readers: the possibility that a large number of banks in the United States could fall into bankruptcy and the de-dollarization process that is advancing in multiple countries such as China, Russia or Turkey.
If you missed some of the most relevant news of the week, don’t worry, we’ve compiled them here at the end of the article with our multimedia information menu.
- Bitcoin reached $70,000 again, driven mainly by the positive streak of capital inflows from ETFs.
- On the bearish side we could find Mt Gox, the exchange that has fallen from grace. Because? Because it prepares more than 140 thousand bitcoins for payment to its creditors.
- Memecoins were the protagonists of the returns, with increases of up to 400%.
- In the United States more than 60 banks are on the verge of bankruptcy. According to the Federal Deposit Insurance Corporation, banks with operational weaknesses continue to increase in that country.
