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summarizeAlthough Bitcoin (BTC) was shaken by the uncertainty and regulatory measures in the Cryptocurrency market, it gained support at $25000.The level of $25000 is a strong support point for Bitcoin and has bullish potential above that support

Bitcoin hit $27000 per coin, up nearly 2% in the day.

The price of Bitcoin has reached important support areas, including the lower boundary of the upward channel and the static support area of $25000, which is consistent with its previous major fluctuations formed on February 19. Due to the seemingly high purchasing pressure, it is expected that prices in the region will receive excellent support

Whether Bitcoin can rebound strongly will depend on the current level of market demand. In the past four weeks, whales holding over 1000BTC have been selling tokens

According to reports,Tom Lehman, the former CEO and co-founder of Genius.com, officially launched Ethereum inscription protocol Ethscripts on Saturday

The bitcoin option put/call ratio of each exchange has dropped to 0.47, which indicates that fewer investors seek downward protection to prevent price decline than before the bill to raise the US Debt limit was passed

The richest people on the China Rich List mostly come from the real estate and internet industries, which have always been popular choices for getting rich. However, there is another industry that has emerged and rapidly emerged in recent years, bringing huge wealth growth opportunities to people, which is virtual currency

On Monday local time, after the U.S

After the Biden administration and Republican lawmakers reached a preliminary agreement on the US Debt limit, Bitcoin briefly recovered $28000 of lost ground for the first time since the beginning of this month. However, according to Bitcom terminal data, as of the time of press release, Bitcoin fell below $28000, and the Ethereum transaction price hovered around $1910

After the encryption market entered May, it showed a trend of adjustment. From the data on the chain, Bitcoin and Ethereum appeared differentiation

Due to regulatory concerns causing panic among sellers and bears, Bitcoin prices continue to fall below $26000Trading volume remained at the low end, fuelling the bearish momentum in the field of CryptocurrencyThe price of Bitcoin has fallen significantly in the past trading day, dropping by over 6.5% to a low of $25388

Confidence is more important than gold, but will Bitcoin be 'digital gold'?Wen/Ba Jiuling (WeChat official account: Wu Xiaobo channel)Yesterday, I was afraid it was another day when some investors were pounding their chests.On June 5, 2023, the Nikkei Index reached a new high since July 1990, surpassing 32000 points for the first time