Weekly Update
Today, we will analyze Bitcoin and Ethereum to provide you with actionable insights. From Bitcoin breaking $100K to ETH/BTC rising, all signs point to one thing.
And don’t forget to register for a $5000 Bybit trading competition.
Weekly Market Recap and Insights
On December 5th, Bitcoin rose above $100,000 for the first time. Just hours later, over $100 million in long positions were liquidated, causing Bitcoin to drop to $90,000 before quickly bouncing back to $100,000.
Pro-crypto policies under the new Trump administration, speculation of a national Bitcoin reserve, and rising corporate adoption further solidify Bitcoin’s position as digital gold and fuel the bullish sentiment.
Ethereum continues outperforming Bitcoin, with a rising ETH/BTC ratio indicating a shift toward Ether and altcoins. When Bitcoin stops pumping the liquidity starts flowing into altcoins, exactly what’s happening now. Coins like XRP, ADA, $HBAR, $CRV added billions in valuation just in the last month.
Bybit x MercuryTrade Trading Competition
The trading competition started on December 1st!
You are not too late, register now and compete for great prizes.
All you have to do is connect your Bybit API keys if you haven’t done so yet and start trading or copy trading.
You don’t need to be a trader to be eligible for the rewards you can copy trade your way to the top. Or create an AI bot with Calculus AI that will trade for you.
It couldn’t be any easier to get USDT. Register for Competition
Weekly Event
This week’s best trader, CryptoVic with a +36% ROI, will have a 50% reduced subscription cost for one week. click here and start copying CryptoVic.
Grab this opportunity to copy him at a discount and participate in the Bybit trading competition with zero effort.