I first noticed this in this Independent article... Bitcoin Breaks New Price Record
It's very short and to the point and goes over....
- Bitcoin price hit $70 000
- Up from $31K from this time last year
- ETFs opened up billions of dollars of inflows.
- Many other alts have also increased in value along with BTC.
- The London Stock Exchange is soon to open up applications for Bitcoin ETNS.
- $100 000 BTC is possible in 2024, but previous bull-runs have ended in pull backs.
It only has one brief caveat about a pull-back at the end!
The Daily Mail followed suit with a similarly positive article, covering very similar information but added that this is linked to a FED interest rate cut.
However ever archaic and over-cautious BBC continues to fail with up to date coverage, although it has at least produced a relatively recent video explainer of the basics of Bitcoin, so at least it's heading to neutral coverage rather than its historically negative coverage....
The good old Sun is the only newspaper with an implicitly negative coverage with its most recent article being on an AI romance scam, with the victim having sent a scammer £10K to 'invest in crypto', which tars crypto with the scam even though it's got nothing whatsoever to do with it.
Topping the list for outrageously positive coverage is The Guardian - not only does Bitcoin nearly reach $73K (so looking forwards) it ends with a commentator saying Bitcoin's upward movement could be 'parabolic' due the fact there's a large amount of cash just sitting around ready to be vested!
Yowser!!!
Not financial advice of course!
It's just VERY interesting to note the rising positive press sentiment in line with the rising prices!
Posted Using InLeo Alpha
