😀 Bitcoin Bottom Is In At $114K...Or Is It?

Plus, why Gen Z wants its salary in stablecoins.

Happy Wednesday!

Bitcoin has rebounded above $114,000, and technical analysis shows that the bottom of this dip may already be in.

Stablecoins are particularly attractive to Gen Z — 75% say they would take their salary in stables. What about other generations?

Plus, if you’re interested in an expanding cybersecurity and AI company that just launched a cryptocurrency treasury unit, check out today’s sponsor.

TOP STORY

Bitcoin is exhibiting signs of seller exhaustion, according to new analysis from blockchain intelligence firm Glassnode, even as the overall market structure remains vulnerable.

The report paints a picture of a recalibrating crypto market that has retreated from recent highs, yet shows early signals of potential recovery.

After testing the lower bounds of liquidity near the $114,000 threshold, Bitcoin's euphoric momentum has sharply cooled.

Still, a further drawdown seems unlikely for now. Why is that?

SPONSORED CONTENT

Cycurion Inc. (NASDAQ: CYCU), the IT cybersecurity solutions and AI company, is inking deals, growing its book of business and creating new units targeting fast-growing spaces in its efforts to create more value for its shareholders. 

Take its recent deal with the National Association of County and City Health Officials, the voice of the over 3,300 local health departments across the country, for starters. Cycurion will make available its Managed Security Services Platform (MSSP) Cyber Shield to NACCHO members, which should bring in $20 million in revenue. The company reported 95.4% growth in gross profit for Q1 2025 with $3.9 million in revenue.

Then there is its Cycurion Crypto unit, which it just launched. It is tasked with creating a crypto treasury, focused on acquiring Ethereum (ETH) and Bitcoin (BTC) and diversifying Cycurion’s cash reserves.

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QUICK N DIRTY

Bitcoin, Ethereum, XRP, Dogecoin are moving sideways on Wednesday, awaiting further news about possible sanctions against Russia — what is driving markets today?

PENGU is outshining Dogecoin and Shiba Inu at the moment and is one of the ‘most asymmetric bets in crypto’, according to market commentators.

Ethereum could hit up to $15,000 by the end of the year, according to Tom Lee. What makes him so bullish?

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FINTECH FOCUS

A new study reveals a striking generational divide in how people view money, and it could change how we get paid.

What Happened: According to a survey conducted by CryptoNinjas involving over 500 participants, 75% of Gen Z stablecoin users say they would prefer to receive their salary in stablecoins like USDT or USDC, suggesting that digital assets may be on the cusp of transforming the traditional payroll system.

The research found that 53% of all respondents have used stablecoins, with Gen Z emerging as the most committed demographic.

What about other age cohorts?

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