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


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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