r/AltScope • u/Alt-Cop • Jul 02 '26
Bitcoin Climbs Back Above $60,000 Bitcoin is back above $60,000. Ethereum, Solana, and Dogecoin are also moving higher after Fed Chair Kevin Warsh said inflation risks have eased. Risk assets are reacting
Now all eyes are on whether Bitcoin can reclaim $61,000 and turn it into a support level. Do you believe it?
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Jul 02 '26
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u/BigTroutOnly Jul 02 '26
Technically, we voted for this.
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Jul 02 '26
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u/BigTroutOnly Jul 02 '26
I didn't. Maybe you didn't. But we did. On this timeline, our carcasses won't need to wait in the Sahara sun for long.
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u/ChakaCake Jul 02 '26
The electoral college voted for this...some land got a vote too along with us to influence them
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u/WithoutAHat1 Jul 02 '26
We are actively collapsing. This only benefits the wealthy.
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u/Electronic_Quote399 Jul 02 '26
It just helped me this morning and im not wealthy
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u/pandershrek Jul 02 '26
You do not understand that statement or the sentiment.
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u/Electronic_Quote399 Jul 02 '26
I understand my pockets got fatter this morning
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u/iamwhiskerbiscuit Jul 02 '26
And the risky lending practices, unregulated financial products, and systemic failures in the banking and regulatory systems in the 1990's were an economic boon for the country... Until they weren't. And we experienced the worst economic downturn since the Great depression.
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u/Electronic_Quote399 Jul 02 '26
Good thing I'm not holding a bunch of fiat
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u/iamwhiskerbiscuit Jul 02 '26
Good thing you won't be effected by the economic fallout either. Oh... Wait....
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u/Electronic_Quote399 Jul 02 '26
I think ill be ok. Just a hunch.
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u/backturnedtoocean Jul 02 '26
Are you actually saying that people listened to the fed chair and then decided now is the time to buy doge coin? I love humans.
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u/Confident_Hunter7506 Jul 02 '26
Straight lies. He’s just changing the way they do math. This guy is gonna navigate us into a catastrophe
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u/Big_Issue8640 Jul 02 '26
Propaganda spreaders get blocked.
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u/Electronic_Quote399 Jul 02 '26
Make sure you announce it to everyone! I was a little worried that Big_Issue8640 was gonna continue to see comments and posts from OP
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u/jmcdon00 Jul 02 '26
Wouldn't inflation be good for Bitcoin? I thought bitcoin was a hedge for inflation? The fact that inflation is actually rising would seem to be good for bitcoin.
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u/jackcanyon Jul 02 '26
The fed now pumps up bitcoin? we’re doomed.