The cryptocurrencies industry has had quite a ride lately but many on Wall Street think the sudden Dogecoin rise could signal the end...
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| Markets Fear Crypto Bubble About to POP! |
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The cryptocurrencies industry has had quite a ride lately as headlining companies like Bitcoin continue to soar to the top of the charts! ... But every good thing must come to an end and many on Wall Street are beginning to think the surprising rise of even the lesser-known companies such as Dogecoin this week could signal the beginning of the end for this recent crypto lucky streak. |
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Wednesday, President Biden announced plans to form a committee to look into the prospects of expanding the United States Supreme Court from 9 Justices to 13. This move is a direct reaction by the Democratic party to sway the Supreme Court in their favor after they recently lost control of said court under the Trump Administration. Ultimately, the final decision on court packing will not only have an impact on D.C. politics, but on Wall Street, Main Street and every other street in these United States... |
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Wall Street's love/hate relationship with Bitcoin caused some rumblings in the investing world this weekend as Bitcoin numbers rose to a near record high of $60,000. This is up 116% from the yearly low of $27,734 reported this past January. Could the future hold good things for the cryptocurrencies sector or is this just another spontaneous market bubble that is bound to pop? |
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