The cryptocurrency markets are absolutely pumping today. It’s great to see, we’ve had a lot of frost in the last couple of months but right now today. The crypto market is going up and what we’re going to do is we’re going to cover some critical news. You need to be aware of the crypto market today and then we’re also going to have a look at the crypto prices and where they can go in the future. So, why is the market pumping? Where can it go in the future? That’s what we’re going to cover today.
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Let’s get on to the crypto news. You can see the prices are going up today so a great day on the market. We’ve endured a lot of frosts and we have to celebrate the wins where we get them. Have a look at this news right here. So a trio of JP Morgan execs leaves for crypto jobs the storied financial firm, slow to warm to crypto, is losing top talent to web 3 despite the bear market. There are smart and rich people who work in JP Morgan. They probably already have lots of money. They’re probably millionaires. But guess what they’re moving into cryptocurrency to potentially make more money because they are bullish on the future of cryptocurrency so we know the last few months. They’ve been frosty. But people know there is a lot of money to be made in cryptocurrency and that is why JP Morgan’s top employees are actually moving over to crypto. So, that’s just a nice signal to be aware of in the market today. We have some important security to talk about as well. So, crypto security is super important. If you don’t want to lose your money in cryptocurrency. So, unfortunately, there are lots of unfortunate hackers and scammers. They’re out there and have a look at this. There was a hacker that stole 620 million dollars from the axionfinity network.
They can contain spyware as well and just be extra safe in the crypto space and check out this as well so who is winning the bitcoin accumulation race. It is El Salvador right now so they are in 2 381 bitcoin and we also have this tweet between Peter Schiff who is the number one cryptocurrency Fudder in the world that is for sure. He wrote a tweet back on January 18, 2022. He said bitcoin has failed to live up to the hype in those institutions that put a toe in the water last year not likely to take the plunge this year most will opt to cut their losses and sell I doubt Sailor. Najib has enough dry powder to keep the market propped up and the president of El Salvador has asked peter chef how is his bank going. So, you may know Peter Schiff. He had a bank he got shot down running on fiat currency and that’s the whole point of bitcoin. So, if you are new to cryptocurrency what drew me into the market. What drew a lot of people into the market originally for bitcoin freedom through the internet.
You can transfer your money around the world. There’s no centralized shutting it down. It’s very decentralized and it’s all about freedom and Peter Schiff’s bank got shut down. The president of El Salvador still has lots of bitcoin. El Salvador has lots in their treasury in regards to bitcoin as well. He says right there. It’s clear they’re afraid bitcoin is inevitable and guys why is the crypto market pumping today. I do think it is because we do have a bit of a strong correlation to the stock market so the stock market. I have been saying this in the last couple of months. Couple of weeks on the channel you have to watch out for this correlation to affect the stock market. You’re seeing you know some gains in the stock market that is flowing into cryptocurrency.
You can see s p 500 games for the fourth day to match the year’s longest win streak down 300 points. This is great to see so this does filter into cryptocurrency. Maybe there is some positive momentum coming back into the stock market back into the cryptocurrency market. That is why I think the crypto market is absolutely going up right now and you can see this cool tweet from Michael seller as well laser eyes cut through the chaos hashtag bitcoin and guys so we are having some bullish reversals in the stock market. We’re having some bullish reversals in bitcoin price and guys if we do take a look at the bitcoin price just in the last couple of weeks or so you can see right here. We’ve had a nice reversal in price. We’ve seen bitcoin down to around 18 500 right here. What is it done guys check it out check out this pump right here. That is really nice.
It’s went from around again nineteen thousand dollars up to around twenty-two thousand dollars. We’re seeing a nice increase in the bitcoin price right there. That is coming with some positive economic news. If we do take a look at the crypto bubbles chart today a lot of the cryptos. They’re up in the greens. You have ave up 16.6 percent uni swap up 10 and looks like a nice pump in the overall crypto prices. If we do take a look at the coin gecko charts today guys what is it doing nice gains again so bitcoin up to twenty-two thousand dollars Ethereum pumping up to one thousand two hundred fifty dollars. BNB is looking super strong so I do rate b b as a coin I do think this one has nice potential and a lot of the other cryptos are up as well. XRP is up seven percent cardinal is up ShibB is looking super strong and a lot of the other cryptos. They’re looking really good today guys so some nice gains are happening in the crypto market and if we do check out these price tables right here. They go up again, but a really nice pump up in the price of the crypto market.
This article is a transcription of a video made by Crypto ZEUS
Original video: https://youtu.be/6A5e9WJMeS0