Bitcoin may be facing its “final plunge”: a real-life scenario of liquidity tightening is unfolding. | Bee Network
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Author｜Azuma ( @azuma_eth ) As tariff negotiations between China and the United States have made new progress, crypto market sentiment has rapidly heated up. From last night to this morning, the market saw another significant surge. OKX market data (data as of 9:30 AM) shows that BTC broke through 115,000 USDT, reaching a high of 115,590 USDT, a 24-hour increase of 3.02%. ETH approached 4,200 USDT, reaching a high of 4,194.84 USDT, a 24-hour increase of 5.88%. Sol (SOL) reclaimed the 200 USDT mark, reaching a high of 205.09 USDT, a 24-hour increase of 5.58%. Besides BTC, ETH, and SOL, the altcoin market has finally seen some decent recovery, with some tokens seeing impressive gains. For example, the consistently strong ZEC reached 368 USDT, a 30.03% 24-hour increase. Favored by…# Analysis# bitcoin# crypto# Market# ToolPre
With the aftershocks of the Balancer hack still reverberating, which assets will be affected by the xUSD depegging?Next
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- I. Introduction While investors are still searching for emotional and technical explanations for Bitcoin