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Understanding the Implications of Decreasing Exchange Supply and Increased Accumulation for the Future of Ethereum
Decrypting Saylor's Analysis: Potential Shift in Bitcoin Trend and the Challenges of Overcoming Key Resistance Levels
XRP struggles as selling pressure rises and network activity declines. Traders watch key levels to determine if further downside is ahead.
Pi Network’s PI IOU price is at a pivotal moment as its Open Network launch nears. With weakening momentum, traders watch for a breakout or breakdown.
Solana struggles despite hype around LIBRA, while Pepe and Chainlink show stability. Can these altcoins maintain momentum or will they face further declines?
- 22:42BTC falls below 81000 US dollarsThe market shows that BTC has fallen below 81,000 US dollars, currently reported at 80,945.21 US dollars, with a 24-hour drop of 5.99%. The market fluctuation is large, please manage your risk well.
- 22:40DWF United Creation denies market making for GPS and SHELLDWF United Creation @HtrZac (Zac Zou) posted on X platform stating that DWF Labs is not a market maker (MM) for GPS and SHELL.
- 22:18Despite Trump's launch of the Bitcoin strategic reserve plan, the volatility of Bitcoin still reached its highest level of the yearAccording to The Block, market anxiety has continued since Bitcoin's volatility reached its highest level of the year last Monday. According to data from The Block's dashboard, since Bitcoin's annualized volatility reached 59.4% on Monday, it has basically stabilized at about 58%. The volatility experienced in the past week is the highest level since December last year.However, unlike December last year when Bitcoin prices were continuously rising due to market expectations for a crypto-friendly Trump administration, in recent weeks, Bitcoin prices have been falling continuously and have fallen by more than 15% over the past month. The recent fluctuations in Bitcoin occurred after Trump signed an executive order aimed at establishing a strategic reserve of Bitcoins and meeting with top leaders in the digital asset field at a crypto summit. This executive order requires a comprehensive audit of digital assets held by the federal government, including approximately 200 thousand bitcoins (worth about $17 billion at signing). David Sacks, Trump’s “crypto czar,” stated that America will not sell off its bitcoin reserves but instead treat them as a digital version of Fort Knox (i.e., national strategic reserves).