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Gold and silver are halfway into a “decade-long bull market,” and Bitcoin is one narrative catalyst away from rallying to $100,000, according to 1971 Capital CIO Brian Russ.
Key Takeaways
Japanese financial institutions propose crypto ETFs focusing on Bitcoin and Ether.
Proposals include reevaluating tax policies on crypto income.
Some analysts expect Bitcoin’s price to surge following Donald Trump’s Nov. 5 election win.
Data shows the cryptocurrency derivatives sector has suffered a lot of liquidations as Bitcoin has rallied to the $66,000 mark.