Charlie Kirk, crypto, and Bitcoin at 115K

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Hey crypto trailblazer, 👋

Charlie Kirk’s death has stirred more than grief. His public embrace of Bitcoin casts a spotlight on political violence, ethics and crypto. Meanwhile Bitcoin reclaimed key territory near $115,000. Let’s unpack both stories.

⚖ Charlie Kirk, Crypto, and Political Violence

What happened

• Charlie Kirk was killed while speaking at an event. The conservative influencer was known as a strong supporter of cryptocurrency, calling Bitcoin more transparent and having more “integrity” than the U.S. dollar.

• After the news, a wave of memorial memecoins appeared using his name. Some jumped enormously in price, then collapsed with observers cone

• Memecoins linked to Kirk saw rapid speculative inflows followed by quick pullbacks. The event revived discussions about ethics in token creation.

Why it matters

• Moves made in haste after tragic events often lead to outsized losses for late entrants.

• Memecoins born from tragedy stretch the boundary between expression and exploitation. Regulators and communities will likely scrutinize these more.

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💹 Bitcoin Reclaims $115,000 on Macro Winds

What happened

• Bitcoin recently pushed back above $113,500, a resistance now flipped into support. That move helped drive BTC toward $115,000.

• Data from recent U.S. inflation reports and jobless claims raised hopes among traders that the Fed might cut rates later this month. That added tailwinds.

What markets are doing

• Traders are watching closely to see if $115,000 holds as support.

• Liquidation risk is rising among short positions around $115,000. If BTC stays above that zone, momentum could build. If not, downside risk may re-emerge.

Why it matters

• Turning resistance into support is often one of the most important technical shifts. It signals a shift in control from sellers to buyers.

• Macro signals are behaving favorably now. If those hold, liquidity and sentiment could push Bitcoin toward prior highs more confidently.

Stay epic,
Epic Crypto News Team

DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.