Crypto News: Bitcoin HITS $50k! (BTC & ETH Parabolic Move for 2021 Finale)

Welcome to bitboy crypto. This is your three minute: crypto wrap up. We'll. Give you all the day's news in about three minutes. We got some big news and some big price pumping going on right now, guys let's check out the markets.

We got bitcoin coming in at forty nine thousand, seven hundred and eighty dollars on some exchanges. It has touched off of fifty thousand dollars. It is pumping over 50k right now we got ta see if it's going to get rejected.

It's, going to get pushed back down, or this is the moment we've, been waiting for. I like to think that it is 3 400 for ethereum. We've got uh check. This out, solana has once again passed xrp. They keep playing tug of war here, basically biggest pumpers of the day.

My gosh, we got uh bitcoin cash abc with uh 85 percent pump almost and then we & # 39. Ve got sheba in you with a 42 pump, and then we have amp uh. You guys can see it's, got a 15 pump, float up about 12 percent, uh doge up 12 percent and luna up over 10 percent.

Oh me, comey up 10 percent as well. Those are all your 10 pumpers. So let's. Go and check out the news there's, some really interesting stuff going on here right now, um, let's start with this. We & # 39.

Ve got bitcoin rising to 50k, among hopes of an etf that's. Right people are starting to believe an etf will get approved. One analyst on bloomberg, saying 85 chance, or maybe there's, a 75 chance. It was very close, 70 percent chance uh.

I can't, remember what it was. I'm, just going to say 80. We're, going to average an 80 chance that a bitcoin etf gets approved in october. I want to know your thoughts on that. I don't agree. I don't, think it will get approved but hey if it did, that would be super mega bullish and, of course they're, starting to say that this is why the price is pumping.

I would tell you i don't, think that's, why it's pumping, but that's. Another story, then we have this story here which is very interesting, bitcoin moving past or towards uh or above 49k, as instagram facebook and whatsapp go down.

They were down for six hours today, bitcoin advocates everywhere were saying: well, bitcoin never goes down and all that cheesy stuff. The more important thing here is to remember that when you run centralized systems, they have single points of failure, and this looks like it was a dns problem with facebook.

Was it a hack that's questionable some people saying user data was stolen? I don't know if that's, true or not, this is affecting other social media as well as tick tock and snapchat, and every other platform out there was slowed down, including telegram, due to the fact that all these users were Flocking to those platforms, while they were up since those main facebook apps were down for so long.

Then we have this story here, not just bitcoin bank of america, bullish on ethereum d5 nfts. Now we've told you guys for a while. This is not new news. Uh divi is the future of crypto bank of america actually said this uh.

I think in the springtime as well. They're, not worried about bitcoin. They're, only worried about defy let's. Go ahead and knock some banks out all right guys that's. All i got hopefully bitcoin will be at 50k tomorrow.

My dog likes it good boy out.