A major Bitcoin breakout is predicted as rising U.S. Treasury yields, global recession fears, and escalating trade tensions push investors towards BTC.
With the traditional financial system under growing pressure, this moment marks a unique opportunity for Bitcoin to shine as a resilient and decentralised alternative.
As global crypto adoption surges, this week’s update highlights growing user engagement in the U.S., rising investment trends in Brazil, and the challenges faced by the crypto industry in Russia.
A strong support for crypto emerges from the Trump camp, as Eric Trump hails Bitcoin’s value and criticises traditional finance, emphasising the importance of embracing digital assets for the future.
The Financial Services Agency is set to propose new regulations that will classify cryptocurrencies as financial assets, paving the way for stronger investor protection and wider institutional adoption.
Crypto developments of the week behind include Russia’s warning on smart home device malware, North Carolina’s push for crypto in pension funds, and Bitcoin’s potential for significant growth.