Bitcoin jumps out of the 60,000 mark and breaks the range!
Finally, a wave of growth has arrived, at least Bitcoin has temporarily gotten rid of the 60,000 mark. I believe that everyone is also looking forward to the trend in the later period. Before explaining, let's talk about the problem of the asynchronous growth of Bitcoin and Ethereum. This situation may become more and more obvious in the future. The main reason is still the listing problem in the United States. The listing in Hong Kong can be directly ignored. The United States has passed the review of the Bitcoin ETF. Judging from the current capital inflow situation. It is enough to prove that the old traditional economies in Europe and the United States have already flowed into the currency circle with some assets, and Buffett, BlackRock and even Morgan are the first to bear the brunt. These funds could only be seen in traditional finance before, but the recent activity in the currency circle is very conspicuous.
Since Bitcoin has been listed and there is a lot of capital behind it. The overall trend is definitely due to the magnitude of Ethereum, which also explains the doubts of everyone. Bitcoin's growth will show certain signs of rising Ethereum. Yesterday, it got rid of the 60,000 mark curse, but Ethereum did not get rid of the 3K mark, and did not even touch the threshold. The most basic problem is that there is no large amount of funds as the backend. In particular, the recent news has not been very positive for the listing of Ethereum's spot ETF, and there are even reports that the first batch of audits cannot be passed. At this point, your doubts may be even greater. Why is there no growth in Ethereum's listing in Hong Kong? This problem was mentioned in Lao Cui's previous article, but it was not explained clearly to everyone. The biggest problem is that the underlying logic of the listing is different.
First of all, you can take a look at the inflow of funds for the listing in Hong Kong. It can be said that there is no Asian capital involved in this market, or the capital that should be involved in the currency circle has already poured in when the old American listing. The listing in Hong Kong has opened up more channels for the inflow of foreign exchange. If the old American is really very extreme, the channel of the currency circle will be very important for our capital to flow back.