Category

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

As of early Wednesday morning, the trading price of Bitcoin was approximately $28400, an increase of approximately 3.7% within 24 hours

The CoinDesk Market Index (CMI), which tracks the performance of the broader encryption market, plummeted by 5.6% within an hour

The popular saying in the coin industry recently is' one Bitcoin is one Bitcoin '. The point of this view is that the price of Bitcoin is not important, as the supply is fixed and theoretically, it will play a role in supporting prices in the long term

Highlights of the storyBitcoin prices have slightly increased as it has returned to levels above $28000, while a bearish cloud continues to envelop the cryptocurrency sector.In addition, seemingly confused counterfeit coins are expected to reach their main support levels before being promoted to the next stop

The largest cryptocurrency by market value rose to $30000 earlier in the day, causing short sellers to close their positions by over $70 million in the past 24 hours.Nearly $200 million in liquidationAccording to Coinglas' data, the cryptocurrency market has cleared $195 million in the past four hours, with over 77000 traders cleared

Article editing time: 00:10 am, April 26, 2022At present, due to concerns about the economic outlook and the US debt ceiling, US debt has dropped significantly, which has had a certain impact on US stocks. The trend of the US equity week still needs to focus on the first half of the week's technology stock financial reports, as well as the second half of the week's GDP and PCE data

As concerns about the US banking industry resurfaced, Bitcoin surged 9% on Wednesday (April 26th) and broke through a key price of $30000, the first time in a week.According to CoinGecko data, the second largest cryptocurrency in the past 24 hours, Ethereum, has also climbed 7

After approaching $27000 yesterday, Bitcoin rebounded strongly today, reaching the $30000 mark, and Ethereum also broke through $1960 at its highest. The strong rise has also led to as many as 38000 positions being sold out in the past 24 hours, with a total online exposure of $140 million

In early trading on Wednesday in Asia, Bitcoin prices have slightly increased by 3.4% in the past 24 hours, with a trading price of approximately $28346

The trading price of Bitcoin (BTC) is within the range of $27000.By the end of 2023, the price of BTC will soar by over 268%

Bitcoin (BTC) outperforms all other assets.After a positive first quarter, BTC has never had a year of decline