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The market's expectation of inflation peaking and the Federal Reserve's imminent slowdown in interest rate hikes has temporarily lifted cryptocurrencies from the shadows.As of January 14th, Bitcoin has risen for 11 consecutive days, soaring over $21000

At 8:00 am on February 9, 2021, Bitcoin broke through again, with a maximum quote of $47480.8, hitting the $50000 mark

Mark Lamb, CEO of CoinFlex, a cryptocurrency exchange, stated on Wednesday that CoinFlex may not be able to resume customer withdrawals as originally planned on Thursday.On the same day, Lamb stated in an interview with the media:We need more time

The strengthening of the US dollar not only causes non US currencies to continue to decline, but also makes it difficult for the digital currency market to escape the disaster of a pond fish.On Wednesday, September 7th, Bitcoin plummeted by over 5% at one point, and although it regained its lost ground and slightly rebounded, it remained below the $19000 mark

Recently, Binance, the world's largest cryptocurrency trading platform, suspended Bitcoin's withdrawal service twice due to network congestion. This has sparked market attention and concerns

On the evening of May 7th at 21:13 Eastern Time, Binance, the world's largest cryptocurrency exchange, announced through its official social media account that due to the large volume of transactions waiting to be completed, the extraction of Bitcoin (abbreviated as BTC) on the platform has been suspended, and the team is studying a solution and will resume Bitcoin extraction as soon as possible.At 22:39, Coin An continued to post a tweet stating that due to the company's previously set fees not taking into account the recent surge in gas fees on the Bitcoin network, there are still a large number of Bitcoin extraction transactions that have not been completed, and the team is still working to accelerate the confirmation of all pending transactions

Bitcoin successfully pulled back after falling below $26000 over the weekend, reaching a maximum challenge of $27200. However, it continued to decline and failed to stabilize at $27000

BTC has encountered a rebound at 25000, which indicates that the support at 25000 is effective support. It will touch the support point multiple times around this point and finally complete a new trend

The number of Bitcoin (BTC) wallet addresses holding at least 1 BTC has reached the million mark, indicating that investors are optimistic about flagship crypto assets.Despite the recent sharp drop in the prices of Bitcoin and other cryptocurrencies, on chain data released by blockchain analysis platform Glassnode indicates that investors' interest in this highly volatile digital asset class remains strong

Last week, Bitcoin was bearish after failing to break through $30000.The BTC whale has contributed to sustained selling pressure

Bitcoin prices have rebounded above the resistance level of $27000. BTC must clear the resistance level of $27800 to begin a significant increase in the short term

With the growth trend of new tokens such as PEPE or BRC-20 tokens, the price trend of Bitcoin has stagnated. As tokens approach the validation bearish pattern, it is expected that the price trend of popular tokens will continue to fluctuate