Listen up, you chuckleheads! 🤪 Bitcoin, that funny money that everyone’s been yakking about, went absolutely bonkers! It shot up higher than a giraffe’s eyebrows, reaching a dizzying $109,565 on a Wednesday, May 21st. Can you believe it? I nearly choked on my snozzcumber!
Turns out, those Wall Street wazzocks are having a bit of a panic. They reckon the US stock market is about to go belly up, and even that shiny gold stuff is losing its sparkle. So, what do they do? They start shoveling their dosh into Bitcoin like there’s no tomorrow! 💰
The big question is: how high can this thing fly? If those bullish buffoons manage to blast past the $110,000 mark, who knows? Maybe it’ll reach the moon! 🚀 Or maybe it’ll crash and burn like a Wonka’s Whipple-Scrumptious Fudgemallow Delight left in the sun. 🤷♂️
Bitcoin (BTC) Hits ATH as Texas Passes Bitcoin Reserve Bill
Yes, you heard right! Bitcoin (BTC) price went absolutely bananas, hitting a new all-time high of $109,565 on Wednesday, May 21st. It’s been lounging around the $100,000 mark since the beginning of the month, feeling all smug and important.
But hold your horses! It’s not just greedy traders driving up the price. The “long-term holders” (whatever they are) are stubbornly refusing to sell, and those whale-sized entities like MicroStrategy, Metaplanet, and those mysterious Bitcoin ETFs are gobbling up every Bitcoin they can find. And now, get this, Texas has gone completely potty and decided to hold Bitcoin as part of its strategic reserve! 🤠
Bitcoin Price Action (BTCUSD) | May 21 | Source: Coingecko
On May 21st, right after Texas made its announcement, Bitcoin’s price jumped quicker than a startled grasshopper, reaching $109,656 according to CoinGecko… Blah, blah, blah. If you’re still reading this, you’re probably as bonkers as the rest of them. 😂
Read More at Coingape.com (if you dare!)
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2025-05-21 23:48