Post
Andy-加密不落客
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The cryptocurrency circle has迎來強勁反彈 as expected, how far can it rebound?
Today, the cryptocurrency market迎來強勁反彈, Bitcoin once approached the $70,000 mark, rising over 8.5% in 24 hours; Ethereum rose over 13% to break through $2,100, ending the previous consecutive decline.
The rebound is mainly driven by three factors: First, the macro sentiment has warmed up, the US stock market stabilized and rebounded, coupled with the fact that the US President's speech did not mention digital assets, which the market interpreted as 'the bad news has been fully priced in'; secondly, there is a demand for technical repair, after a substantial pullback, investors are 'buying the dip'; in addition, the unexpectedly strong financial report from stablecoin giant Circle greatly boosted industry confidence.
The rebound is mainly driven by three factors: First, the macro sentiment has warmed up, the US stock market stabilized and rebounded, coupled with the fact that the US President's speech did not mention digital assets, which the market interpreted as 'the bad news has been fully priced in'; secondly, there is a demand for technical repair, after a substantial pullback, investors are 'buying the dip'; in addition, the unexpectedly strong financial report from stablecoin giant Circle greatly boosted industry confidence.