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Bitcoin fell below $30000 at one point, possibly due to the US dollar interest rate hike and the UST decoupling crisis
Pengpai News Reporter Hou JiachengIn the face of many uncertain factors in the global financial market recently, the price of Bitcoin has also undergone a significant adjustment.On May 10th, according to CoinDesk data, Bitcoin briefly fell below the $30000 mark during the day, a decrease of 10%
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Discussions in the United States on raising the debt ceiling and delaying the banking crisis are both positive for Bitcoin
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
