Binance celebrated its 7th anniversary on July 14, and Tom Dunleavy, an analyst at blockchain research company Messari, said that FTX will provide creditors with $12 billion to $16 billion in cash in October and November this year. Based on this, it is believed that this is all buying power.

The price of Ethereum remains above $3,000, which is also due to the potential positive of the upcoming launch of the Ethereum spot ETF.

At present, Bitcoin has reached a regional bottom stage, and market panic is constantly weakening. Macro-level expectations promote the development of the encryption industry. In the contract market, it is reminded to pay attention to the risk of liquidation. Tokens such as ETH and SOL are expected to rise, and altcoins need to be selected with caution. The main force and small scattered players are competing, and WLD in the AI ​​artificial intelligence sector may be eliminated, so RNDR is worth paying attention to as a potential token.

Historical data shows that the opportunity to buy at the bottom after panic selling can bring rich returns. Short-term market fluctuations do not affect the long-term value assessment of Bitcoin.