BTC climbs past $42K 🎉

BTC surged to $42,000, its “highest level in 19 months” this weekend. There are a number of factors that could be responsible for BTC’s price spike, including the potential BTC ETF approval, Federal Reserve rates, and geopolitical factors. BTC surged to $42,000, its “highest level in 19 months” this weekend. There are a number of factors that could be responsible for BTC’s price spike, including the potential BTC ETF approval, Federal Reserve rates, and geopolitical factors. [Bitcoin IRA]( [BTC passes $40K]( 🚀 What’s causing BTC’s 150% YTD increase? Hi , BTC surged to [$42,000]( its [“highest level in 19 months”]( this weekend. There are a number of factors that could be responsible for BTC’s price spike, including the potential BTC ETF approval, Federal Reserve rates, and geopolitical factors. The most obvious influence on the rising price of BTC is the spot BTC ETF decision. ["At least nine"]( major asset management firms, including Fidelity and BlackRock, are in line to be the first approved by the Securities and Exchange Commission (SEC). Growing anticipation even caused a [false alarm price surge]( in October. Bloomberg analysts James Seyffart and Eric Balchunas predict a ["90% chance by Jan 10"]( for the first ETF approval, which could be enticing investors to buy BTC beforehand. You might have missed the news that gold reached a new all-time high this weekend. This likely means that there’s another factor influencing both alternative assets. Gold and BTC have both been slated as a ["safe haven"]( during unstable times. With the Israel-Hamas war on the heels of the Ukraine-Russia war, geopolitical tensions could be encouraging BTC purchases. Some publications are claiming the recent [dovish remarks by the Fed]( are responsible for both the jump in BTC and gold prices this weekend. However, Adamant Research founder Tuur Demeester [tweeted]( a number of “tailwinds” that could also be playing a role, including the [worst bond bear market of all time]( real estate market, and “banks shaking.” Lastly, a [“supply shock”]( may be responsible for “sharp price increases”, according to Milk Road. There’s undoubtedly a number of reasons why investors could be buying BTC, as its price may not be finished with its epic 2023 climb. [FINISH YOUR ACCOUNT]( [BitGo]( SECURITY IS OUR #1 PRIORITY Protect your retirement investment with the most secure method of storing digital assets: multi-signature wallet technology*, available through our exclusive partner BitGo. [Read more]( [footer facebook]( [footer twitter]( [footer youtube]( [footer linkedin]( [footer instagram]( [About Us]( · [News]( · [Contact]( [BMA 2022 Best Mobile App ][2022 Globee Mobile Web & App of the Year] Download our award-winning mobile app: [Download for iOS on the App Store]( [Download for Android on Google Play]( Bitcoin IRA, 7336 W. Post Rd, #111 | Las Vegas, NV *Storage may vary based on asset chosen and custody solution available. Alternative IRA Services, LLC dba Bitcoin IRA is a platform that connects consumers to qualified custodians, digital wallets and cryptocurrency exchanges. The company is not a custodian, is not a digital wallet and is not an exchange. Self-directed purchases processed through Bitcoin IRA have not been endorsed by the IRS or any government or regulatory agency. Bitcoin IRA is not an adviser. Information contained on this website is for educational purposes only. We encourage you to consult an adviser or professional to determine whether Bitcoin IRA makes sense for you. Due to market variations, price quotations and predictions are subject to change. No pricing guarantees are expressed or implied. All information contained here including quoted prices are for informational purposes only and do not constitute an offer. Cryptocurrencies are very speculative and involve a high degree of risk. By using the website, you understand the information being presented is provided for informational purposes only and agree to comply with our Terms of Use and Privacy Policy. [Unsubscribe](