Due to the US’s hyperinflation, Balaji Srinivasan has staked $1 million on Bitcoin’s price reaching $1 million in the next 90 days. Balaji agreed to James Medlock’s $1 million wager when he made it known that the US wouldn’t experience hyperinflation. With the betting terms, other Twitter users assisted in setting up a smart contract. The future of the U.S. economy was the subject of a bet between Srinivasan and Medlock, with Srinivasan predicting an oncoming catastrophe that will cause the dollar to deflate and hyperinflation. In 2023, the price of bitcoin is projected to soar by 66%, outpacing Wall Street bank equities, up 65% year to date. News Sorce

The Bitcoin Fear and Greed Index has reached a 16-month high of 64 as traders seem upbeat about the coin’s future. According to the index’s reading on Mar. 18, traders are “greedy” and attempting to buy more coins in order to continue the march higher. Following a string of significant occurrences that rattled the traditional financial markets, capital was forced to censorship-resistant and trustless assets, primarily bitcoin and other cryptocurrencies like ethereum, which have seen fast growth (ETH). The Federal Reserve, the country’s central bank, is reportedly providing a safety net for faltering banks, which is fuelling chatter that they are returning to easing and feeding the bull run in cryptocurrencies like bitcoin. News Sorce

In today’s session, Solana (SOL) and Ethereum Classic (ETC) both increased by as much as 12% as the weekend cryptocurrency markets surged. SOL/USD increased to its greatest level since late-February, and ETC/USD reached a high of $22.46, its best level since February 22. The rise happened at the same time that the 14-day RSI broke through a ceiling at 58.00. Bulls may try to push the token to $23.00, which is the coin’s next important price level for SOL, in the near future. News Sorce