🚀 Bitcoin hits $138,000, but there’s a catch

PLUS, US gov gives crypto the thumbs up

Author

Big Joe Crypto
June 23, 2023

Hey – it's Big Joe Crypto, your friendly neighborhood crypto explorer!

I'm back, here to guide you through the ever-evolving terrain of crypto – from the towering peaks of Bitcoin to the intriguing corners of altcoin alley!

Here's what's happening today:

  • 🚀 Bitcoin hits $138,000 (with strings attached)

  • 😁 Crypto makes TIME Magazine’s most influential list

  • 👍️ US Fed Chair, Jerome Powell gives crypto the thumbs up

Got any big questions for me?

BIG MOVERS: THE CHARTS

*Prices as of 9:45AM EST. BIG movers based on top 300 crypto assets by market cap.

TODAY’S BIG STORY

Bitcoin's Wild Ride to $138K

Blink and you might have missed it! Crypto’s beloved Bitcoin (BTC) briefly touched a mind-boggling $138,000 on Binance.US due to a sudden price wick.

But, don't get too excited – it was only for a few seconds before prices came back down to earth. The wild ride was reportedly due to low liquidity on the BTC/Tether trading pair on the exchange.

Why you should care:

Bitcoin “maxis” (aka diehard Bitcoin fans), have been calling for Bitcoin’s price to blast last $100K+ for years. In fact, even people like the highly respected investor Cathie Wood believe Bitcoin will eventually hit $1 Million dollars per coin!

If that’s true, investing in it today could prove to be life changing. And if you want to learn more about investing in Bitcoin and other crypto assets, I cover the safest way to get involved in Bitcoin & crypto below.

The price of BTC rocketing to $138K is also a big reminder that that crypto markets can be highly volatile and unpredictable – whether prices are going up or down. Always remember to invest responsibly and never put your currently lifestyle at risk to buy crypto!

More News…

Crypto Firms Shine on TIME's Most Influential List

Look who's in the spotlight!

TIME magazine has named four crypto companies – Polygon Labs, Chainalysis, Circle Inc., and Mercado Libre – in its 2023 list of most influential companies. These crypto pioneers are pushing boundaries and setting new standards, and making us “crypto people” very proud. 😄 

Why you should care:

This is a clear sign that crypto is becoming a global force, and companies in this space are making real, influential impacts. And guess what? You're right here in the mix of it!

So, why wait? Learn more about the world of digital assets and crypto investing before you find the old lady who lives down the street lecturing you on blockchain! This is your chance to stay ahead of the curve.

TODAY'S BIG CRYPTO TIP

Stay Rational & Stay Safe

It’s funny…

Two weeks ago crypto was all doom and gloom. The markets were down, and there were sad faces everywhere…😕 

Crypto 2 weeks ago…

But this week, things are MUCH different.

The markets are pumping, people are jumping for joy (even doing cartwheels), and there’s hope all around.

It’s almost as if the previous crypto crash and SEC lawsuits never happened.

Crypto today!

The lesson?

Crypto is volatile.

Markets go up, down, and all around.

That’s why investing rationally is the way to go. Never invest more than you’re willing to lose, and be careful when it comes to chasing the markets.

Chasing the market is when you see prices go up, and you keep buying (with money you didn’t plan on using) thinking prices will go up forever – and then suddenly they crash on you.

No one has a crystal ball. And it’s fine to buy or sell anytime you want as long as you understand the risks. Just be sure you’re not risking it all in the process 👍️ 

MORE BIG HEADLINES

BIG LAUGHS! MEMES OF THE DAY 😂 🤣

LOL! Never do this. Remember, invest rationally like I explain here 😂 

It’s Friday! Woohoo! Have a great weekend and enjoy the positive markets like these fine folks 😁 🙏 

Gotta love their energy and positivity!

TELL YOUR FRIENDS – GET BIG REWARDS