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You Won’t Believe What Happens When Bitcoin Hits $62k – APT and WIF Soar to New Heights (But Not Really)

AltcoinsCrypto NewsFeatured Kevin Nelson October 7, 2024

A comic illustration of a rocket ship blasting off into space with various cryptocurrencies in tow, including Bitcoin (BTC), Aptos (APT) and WIF soaring upwards as Dogecoin's tail wags excitedly behind.

The crypto bros are at it again, spewing their nonsense about Bitcoin’s supposed rise and altcoin recoveries. Meanwhile, we’re still waiting for someone to explain why any of this has inherent value beyond the arbitrary numbers on a computer screen created from thin air. I mean seriously, folks, how much longer can you keep pretending that cryptocurrency isn’t just a scam designed to separate gullible idiots from their hard-earned cash? It’s like watching a train wreck in slow motion – we all know it’s going to end badly, but somehow the crypto bros still manage to convince themselves (and others) that this time will be different. And don’t even get me started on the so-called ‘analysts’ who are trying to make sense of this mess. Newsflash: if you can’t explain why something has value beyond its intrinsic worth, it’s probably just a bunch of hot air.

Source: cointelegraph

Bitcoin’s rise above $62,000 could pull APT, WIF, FTM, and BGB higher
https://cointelegraph.com/news/bitcoin-s-rise-above-62-000-could-pull-apt-wif-ftm-and-bgb-higher
Bitcoin (BTC) is trying to close the week above $62,500, well above the intra-week low of just under $60,000. This suggests buying at lower levels. Although the start to October, generally the strongest month of the year, has been slow, analysts expect things could pick up going forward. One positive for the cryptocurrency markets is that the CME Group’s FedWatch Tool is pricing in a 97% probability of the Federal […]

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About the author

Kevin Nelson

Kevin’s foray into cryptocurrency trading was a full-scale disaster. His obsession with chasing trends and leveraging obscure assets led to a catastrophic loss of his entire life savings. Now, Kevin’s articles are a venomous mix of bitter humor and harsh reality checks, exposing the chaotic and treacherous world of crypto trading. His catchphrase: “I went from trading genius to broke fool in record time. Welcome to crypto—where the only thing guaranteed is your financial ruin.”

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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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