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Author: GregCipolaro, Global Research Director, NYDIG Compiled by WEEXBlogSummary: Bitcoin, as a non sovereign means of storing value, may be seen as an effective investment choice and hedging tool for those seeking to protect themselves from the conspiracies of politicians and monetary policymakers.Reading summary:The debate on the US debt ceiling is coming ahead of schedule due to the decline in tax revenue, which may highlight the importance of Bitcoin

As of early Wednesday morning, the trading price of Bitcoin was approximately $28400, an increase of approximately 3.7% within 24 hours

Bitcoin rose above $30000 again, with a daily increase of nearly 6%. (Sina Finance)

Highlights of the storyBitcoin prices have slightly increased as it has returned to levels above $28000, while a bearish cloud continues to envelop the cryptocurrency sector.In addition, seemingly confused counterfeit coins are expected to reach their main support levels before being promoted to the next stop

Reading Innovation/Shenzhen Business Daily reporter Zhou LiangchengAs of 8:30 pm on April 26th, the price of Bitcoin was reported at $29895 per piece, an increase of $2477, or 9.03%, from the previous day, just one step away from the focal point of $30000

The largest cryptocurrency by market value rose to $30000 earlier in the day, causing short sellers to close their positions by over $70 million in the past 24 hours.Nearly $200 million in liquidationAccording to Coinglas' data, the cryptocurrency market has cleared $195 million in the past four hours, with over 77000 traders cleared

As concerns about the US banking industry resurfaced, Bitcoin surged 9% on Wednesday (April 26th) and broke through a key price of $30000, the first time in a week.According to CoinGecko data, the second largest cryptocurrency in the past 24 hours, Ethereum, has also climbed 7

Bitcoin once again broke through the support level of $30000 today. The value of BTC has also increased by 9% in the past 24 hours