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The Epic Failure of Bitcoin’s $60K Rally Has Finally Woken Up the Entire World (But Only Just)

AltcoinsCrypto News Sam Rogers September 16, 2024

A stylized illustration of a bull and bear fighting on top of a mountain range with Bitcoin's $60K level as the summit. A wave is crashing against them, symbolizing market uncertainty.

The Bitcoin bubble has burst and I’m here for it! It’s like watching a train wreck in slow motion – you know it’s going to end badly, but can’t look away from the carnage. The so-called ‘experts’ are still touting their worthless altcoins as if they’re actually worth something (Fetch.ai? Really?). Meanwhile, Aave and Injective are just along for the ride on Bitcoin’s coattails. Don’t get me wrong, I love a good pump-and-dump scheme as much as the next guy, but come on! It’s 2024 already – can we please have some real financial journalism around here? Not that Jemima Kelly or jstolfi would ever stoop to writing about this drivel. They’re too busy calling out these scams for what they are.

Source: cointelegraph

Bitcoin rally to $60K raises traders’ interest in FET, SUI, AAVE and INJ
https://cointelegraph.com/news/bitcoin-staying-above-60-000-may-extend-the-recovery-in-fet-sui-aave-and-inj
Bitcoin (BTC) reclaimed the $60,000 level on Sept. 13, indicating a solid comeback by the bulls. Bitcoin’s rally of about 10% this week has helped buyers turn around September’s returns to positive. Next week, investors will focus on the FOMC meeting scheduled for Sept. 18. CME Group’s FedWatch Tool shows a 50% probability of a 50-basis point rate cut. However, if the Federal Reserve delivers a 25-basis point rate cut, […]

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Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

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About the author

Sam Rogers

Sam’s plunge into the crypto world turned into a brutal farce when he fell for an absurdly obvious scam promising to double his investment. After being fleeced by a slick email con, Sam is left fuming and broke. His writing drips with anger and dark humor as he exposes the outrageous scams and ludicrous promises of the crypto world. His motto: “I didn’t just fall for a scam—I was sucker-punched by an entire industry. If you think crypto is a goldmine, just wait until you see how deep it can dig your grave.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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