First Mover Americas: Rotation to Altcoins Has Started With Gensler's Exit Date Set
Briefly

"Bitcoin is inching closer to the $100,000 mark, though its momentum has slowed. It clinched another record on Thursday at $99,500, dipping below $99,000 heading into the U.S. open."
"Still, there's a possibility of BTC rallying to $115,000 by Christmas, supported by broadening stablecoin supply, inflows into ETFs and bullish options positioning on BlackRock's spot BTC ETF (IBIT), 10x Research said in a Friday note."
"Altcoins are taking their moment to shine as regulatory headwinds look poised to clear. XRP led the rally, gaining 33% in 24 hours and Cardano's ADA rose over 15%."
"The incoming CEO of Charles Schwab stated that the financial service giant wants to directly offer crypto to users, signaling that U.S. institutions are increasingly emboldened by an expected regulatory sea-change."
Read at CoinDesk
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