Cryptocurrency Market Booms as BlackRock, Tesla See Potential in Bitcoin ETF, Dogecoin Support, and Robert F. Kennedy Jr. Makes Big Investment

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This week in the cryptocurrency sector, several significant developments took place. Firstly, Investment research firm Fundstrat predicted that a Bitcoin ETF from BlackRock (NYSE:BLK) could cause Bitcoin’s (CRYPTO: BTC) price to skyrocket to $180,000 before the scheduled halving in April 2024. Secondly, Elon Musk subtly updated his Twitter bio to display the Dogecoin symbol, resulting in an 8% surge in Dogecoin’s price. Thirdly, Presidential candidate Robert Kennedy Jr. revealed that he purchased 14 Bitcoin in May of this year, currently worth around $400,000. Fourthly, U.S. Congressman Brad Sherman expressed skepticism about the innovation of cryptocurrency. Lastly, Tesla Inc (NASDAQ:TSLA) reportedly removed Bitcoin from its payment page source code while retaining Dogecoin.

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