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Edited by: Du YuIn recent days, the Bitcoin index has been continuously declining. Since February 16th, its index has fallen by 17%, with a single day drop of up to 8% on February 17th alone

Beijing Business Daily News (Reporter Liu Sihong): Bitcoin, which has experienced ups and downs throughout the year, has recently experienced a short-term rise in prices. On April 11th, the price of Bitcoin broke through $30000 at around 8:30, an increase of over 5%

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

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In the past 24 hours, the net outflow of cryptocurrency market value was $10 billion, currently $1.20 trillion, a decrease of 0.96% from $1.21 trillion.The market value of Bitcoin increased by 0.43% to $563.18 billion during this period, while the market value of Ethereum decreased by 1.24% to $22.74 billion.During the reporting period, the performance of the top 10 cryptocurrencies was mixed. The largest gainers were Caldano and Bitcoin, with gains of less than 0.5% each.Others, such as dog coin, BNB, Solana, Boccado, Litecoin, and XRP, lost more than 2%, respectively.The market value of the tether (USDT) and the dollar coin (USDC) increased slightly to $81.61 billion and $30.73 billion, respectively. In contrast, the Binance US dollar fell to 6.3 billion US dollars.MusicIn the past 24 hours, the trading price of Bitcoin has increased by 0.1% to $29008, as of 07:00 Eastern Time in the United States. Its market dominance has increased from 46.6% to 47%.During the reporting period, the volatility of Bitcoin wiped out over $300 million in profits, following rumors that the US government and bankrupt password exchange company (Mt. Gox) were selling this asset. CryptoSlateInsight reports that the sharp fluctuations in Bitcoin prices are caused by poor market liquidity.