On April 13, the BTC price rose in the short term, reaching a high of US$62,599, setting a new historical high. Huobi Group co-founder Du Jun believes that Bitcoin has been brewing below the 60,000 USD mark for a long time, breaking through it many times, and now it has finally stabilized and set a new high. From a macro perspective, the continued increase in the issuance of US dollars has caused the public to worry about the depreciation of the US dollar, and Bitcoin has become a safe-haven asset of choice for some individuals and institutions. Coinbase will be listed on the Nasdaq this Wednesday, which has a great boost to market sentiment. The growth rate of its registered users and profits shows that the market is very welcoming to Bitcoin. Famous US investment banks are also investing heavily in Bitcoin's market infrastructure and providing services related to Bitcoin. In addition, 9 applications for the establishment of Bitcoin-based ETFs have been submitted to the SEC in the US market, further highlighting the trend of mainstream financial institutions embracing Bitcoin. However, it should be noted that after setting a new high, some profit-taking orders may be exited, resulting in a callback, and the scope of the callback needs to be paid attention to. |
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