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Bitcoin (BTC) has gone through another calm week, with a bearish outlook as it falls below the 30000 mark. However, the stalemate has not yet been broken, and we are wary of this week's series of heavyweight events leading to unexpected market conditions

Although the Consumer price index (CPI) data of the United States in June hit the lowest level in nearly two years. But analysts expect the Federal Reserve's FOMC meeting this week to likely raise interest rates by another one yard

The Federal Reserve's interest rate increase slowed down, and Bitcoin, the world's largest Cryptocurrency, rose sharply in response.On February 2nd, Beijing time, after the Federal Reserve announced a 25 basis point interest rate hike, the price of Bitcoin quickly climbed to over $24000 per coin

Bitcoin hit $31000 per coin, up 2.79% on the day

Edited by: Zhang YangyunBitcoin has crossed another milestone, breaking the $50000 mark for the first time.Image source: Photography NetworkAccording to real-time data seen on Wall Street, Bitcoin hit a peak of $50448 on the 16th, with a market value of $940 billion, before falling in price

Bitcoin (BTC) is the largest Cryptocurrency in the market and is expected to continue its bull market after consolidating its gains. However, on June 14th, just before the daily close, Bitcoin fell 3%, below $25000, reaching a low of $24700, which is its lowest price since mid March

Bitcoin has once again demonstrated its resilience and adaptability amidst the intense fluctuations in the cryptocurrency market. The leading Cryptocurrency has broken through the US $26000 mark and entered what many analysts call the "acceleration zone"

Intern journalist | Zhang LingxiaoOn May 14, Beijing time, Tesla CEO Elon Musk published two tweets, which stirred up the changes of the virtual money market again.The first tweet emphasized that "I still strongly believe in Cryptocurrency, but not at the cost of a substantial increase in fossil fuels"

The beginning of 2021 was a small bull market. Bitcoin only took one week, rising from less than $30000 to a high of nearly $42000, and then fluctuating widely between $30000 and $40000, now surpassing the 48000 plateau

Ethereum price analysis shows an upward trend.The ETH/USD currency pair faces resistance of $1916

Following the well-known Shapella upgrade that occurred earlier this year, Ethereum has taken some important steps for the upcoming Cancun upgrade. In addition, development should have a significant impact on the structure of the network

Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of Mars Finance