It’s late at night, and several important news came from the market. Let’s get straight to the point without going into too much detail:

1. Grayscale April Market Report: With the macro storm approaching, the crypto market is bullish despite the trend?

After seven consecutive months of gains, Bitcoin prices suffered a 15% decline in April 2024, a correction that also drove a downward trend across the cryptocurrency market. Although the market received a series of fundamental good news in April - such as the Bitcoin halving and the significant progress in stablecoin legislation in the United States - these positive factors failed to completely offset the trend of the macroeconomic environment. market pressure brought about by tightening.

2. Bloomberg: More than 90% of stablecoin transactions do not come from real users

Visa and Allium Labs’ dashboards are designed to weed out transactions initiated by bots and large traders to isolate transactions made by real people. Visa said only $149 billion of the roughly $2.2 trillion in total transactions in April came from "organic payments activity." Visa Inc said such crypto tokens may be far from becoming a common payment method.

3. After the "crazy surge", the gold market is returning to calm.

In the past month, London gold (spot gold) has fluctuated and fallen from a high of 2,430.7 US dollars per ounce on April 12, reaching a low of 2,277.7 US dollars per ounce. During this period, the cumulative maximum decline exceeded 6%. The futures market and gold jewelry market prices followed closely. Then fell.

Factors such as the easing of the geopolitical situation, stubborn U.S. inflation, and profit-taking of some funds have dragged down the recent gold price. However, the correction is still within a reasonable range. The overall upward trend of gold prices has not been destroyed. The focus of market transactions will continue to revolve around geopolitical conflicts and inflation! #BTC #ETH #灰度撤回以太坊期货etf申请 #黄金