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Has the bear market gone? Both Bitcoin and Ethereum have performed well and have entered an upward trend!
A few days ago, Glassnode, a data analysis platform, released the On Chain NewsweekThe CapitalWaterfallIt is pointed out that the current market may have emerged from the bear market recovery stage and is entering an upward trend. The price correction of Bitcoin and Ethereum in this trend is significantly smaller than before, indicating that funds from external investors are pouring in
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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
