Well, well, well, would you look at that? Bitcoin strolled right into a 5% lift this week, courtesy of President Trump’s little disruption in the tariff tea party with the European Union. Who knew a tweet could jolt the markets like a squirrel in a power line? 🤪
EU Tariff Hubba-Hubba Shakes Things Up!
We all thought this week would be as smooth as a Mississippi riverboat ride, but nah, the ol’ cryptocurrency rollercoaster had a surprise around the bend! Bitcoin ( BTC) kicked off at a tidy price just under $103,000, and for a hot minute, it flashed its fancy side and leaped to about $112,000—an impressive 9% jump that had folks whistle harder than a kettle. 🎩
But lo and behold, in a turn of events not even a sea captain could navigate, Trumplet’s social media ramblings triggered a stampede of panic-selling, causing BTC to tumble down to $107,217. Poof! Just like that, the gains disappeared quicker than a cat in a room full of rocking chairs. Yet, in true phoenix fashion, it clawed back up to a cozy $108,000 by our latest scribblings (May 24, 5 a.m. EST). Ain’t the world of cryptocurrency just a hoot? 🦉
All is not lost, though! Those brave Bitcoin champions, like our good friend Raoul Pal, reckon that despite this tariff tempest, the coin could still skyrocket to a staggering $140,000 by July! That, dear reader, is nearly 30% gain in just about six weeks—enough gain to make even a miser smile! 😄
Now let’s spin over to WLD, which also enjoyed its own bit of mirth this week, popping up nearly 50% to hit $1.60 before it decided to play hard to get, settling back down to $1.45 when I last checked. This merry adventure was spurred by the substantial interest of venture capitalists like Andreessen Horowitz and Bain Capital, who laid down a whopping $135 million for WLD tokens. This cash influx is aimed at giving a grand ol’ lift to Sam Altman’s World Assets, particularly here in the good ol’ U.S. of A. WLD still managed to stay ahead by more than 30% this week—makes you think there’s gold at the end of that rainbow! 🌈
Meanwhile, we’ve got Hyperliquid’s HYPE strutting around like the belle of the ball. After a somewhat modest start at $27, it knew how to cut a rug, shooting almost to $37 in a mere 48 hours, turning heads all around town. Who knew that crypto deposits could have such an energizing effect? Ain’t life a strange and twisty thing? 💃
Now, keeping pace in this wacky race, we’ve got BCH stepping up with an 8.4% gain, DOGE not far behind sporting a 5.7% increase, and a poor SUI who took a tumble of 3.7% to hit $3.65—like a fella who trips over his own shoelaces at the dance! 🕺
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2025-05-25 00:57