tldr; Bitcoin surged over 9% to $92,342 following Vanguard’s decision to allow crypto ETFs and mutual funds, signaling institutional acceptance of digital assets. Analysts view this as a pivotal moment, with Vanguard’s shift encouraging wealth advisors and investors. Bank of America also supports modest crypto allocations, further boosting confidence. The rally was amplified by a short squeeze and lower trading volumes during the holiday season. Experts predict long-term growth for Bitcoin despite potential short-term volatility.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
PornMakesMeFeelAlive on
Nothing in r/ETFs about this
MotanulScotishFold on
People react and think because of something, a news, about Vanguard.
While in reality if you look into charts, we reached a major support that either break it or not.
It didn’t break so the direction changed.
AgitatedDragonfly769 on
Wen bullrun?
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Are we back to SOARING bois ??
tldr; Bitcoin surged over 9% to $92,342 following Vanguard’s decision to allow crypto ETFs and mutual funds, signaling institutional acceptance of digital assets. Analysts view this as a pivotal moment, with Vanguard’s shift encouraging wealth advisors and investors. Bank of America also supports modest crypto allocations, further boosting confidence. The rally was amplified by a short squeeze and lower trading volumes during the holiday season. Experts predict long-term growth for Bitcoin despite potential short-term volatility.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Nothing in r/ETFs about this
People react and think because of something, a news, about Vanguard.
While in reality if you look into charts, we reached a major support that either break it or not.
It didn’t break so the direction changed.
Wen bullrun?