Bitcoin, Gold Surge Amid Dollar Crisis; Ethereum Prepares for Quantum Defense
The past few days have seen significant movements in the cryptocurrency market, particularly for Bitcoin and Ethereum. According to CoinDesk, investors have been moving $7 billion into Bitcoin and gold over five days to escape an accelerating dollar crisis.
CoinDesk also reported that BlackRock's Mitchnick says the macro case for bitcoin is strengthening after record trading in a positive week. Nvidia shares surged 8% on earnings beat, lifting technology stocks and bitcoin as well.
Ethereum developers have proposed the first step to protect ETH staking from quantum attacks. Meanwhile, Bitcoin miner Sphere 3D faces a $2.2M tariff claim equal to 77% of its cash.