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Author | Heimi, Baise Research InstituteAt the time of writing this article, Bitcoin has risen by over 6% in the past 24 hours, briefly reaching $29000. At the same time, Bitcoin regained 50% of the entire Cryptocurrency market

After the recent rebound of Bitcoin to $29000, its dominant position has gained more support in the competitive currency market. According to the latest encryption Market data, after the valuation of the asset jumped by about 2% to about $560 billion in the past 24 hours, the dominant position of Bitcoin fell to about 60% on Wednesday

In the extreme turbulence of the Cryptocurrency industry, Bitcoin once again proved its flexibility and adaptability. The highest rated Cryptocurrency has broken through the US $26000 mark and entered what many analysts call the "acceleration zone"

The long-term holders of BNB were forced to liquidate their positions worth $1 million on March 27th.In the past 24 hours, the net inflow of Coin On Exchange has been negative

About focusing on "getting finance and economics", pay attention to the development trend of the Metaverse blockchain, and refuse to speculate money! Refuse to stir fry NFT!Ethereum completes the "merger"Under the close attention of countless Cryptocurrency enthusiasts and Skepticism, Ethereum has completed an amazing "jump".According to relevant media reports, Ethereum has recently completed the so-called "merger", that is, a large-scale transformation

summarizeThe price of Bitcoin (BTC) determines the pulse and the last minute trend of the Cryptocurrency market.The BTC is fixed at $27000 and has once again formed a bullish pattern

Blackrock's spot ETF filing and the U.S

Bitcoin stands at $28000 per coin, the first time since May 30th, with a daily increase of 4.81%

The halving of Bitcoin has always been a popular bull market catalyst in the market, but the latest report from Coinbase shows that historically, halving is often accompanied by important historical monetary and fiscal policies. In the context of recent liquidity declines, whether it can have a positive impact on BTC remains a question mark

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

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