Sina Financial News The Bitcoin boom continues to heat up, once again approaching an all-time high (in US dollars), rising by more than 45% in one month. Although there are still 50 days left before the Halving of Bitcoin supply, the buying demand has far exceeded the daily supply. Since the listing of Bitcoin Spot ETF on January 11, the inflow of funds has reached 7.4 billion US dollars (about 53.2 billion yuan), and the trading volume has also hit a new high. While more Long capital flows into the Crypto Assets sector, there are also large risk events. For example, on February 29, after Bitcoin broke through the intraday high, the rise narrowed from 13% to 6%, and nearly 180,000 people in the market got liquidated. Bitcoin price Fluctuation is huge, and the regulatory policies for digital assets in different countries and regions are also quite different, which is a huge risk for investors.
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Bitcoin soars 45% in a month, and the risk of sharp price fluctuations increases sharply
Sina Financial News The Bitcoin boom continues to heat up, once again approaching an all-time high (in US dollars), rising by more than 45% in one month. Although there are still 50 days left before the Halving of Bitcoin supply, the buying demand has far exceeded the daily supply. Since the listing of Bitcoin Spot ETF on January 11, the inflow of funds has reached 7.4 billion US dollars (about 53.2 billion yuan), and the trading volume has also hit a new high. While more Long capital flows into the Crypto Assets sector, there are also large risk events. For example, on February 29, after Bitcoin broke through the intraday high, the rise narrowed from 13% to 6%, and nearly 180,000 people in the market got liquidated. Bitcoin price Fluctuation is huge, and the regulatory policies for digital assets in different countries and regions are also quite different, which is a huge risk for investors.