This week's market is booming! Bitcoin hits a new high, DOGE bettors are making a fortune, and SOL surpasses BNB!
1. Bitcoin breaks historical high, but the market shows no signs of overheating
The head of Galaxy Research pointed out that Bitcoin has repeatedly reached new highs this week, but there are still no signs of any 'overheating', indicating that the current rise is healthy and steady.
2. Upbit welcomes a significant update
Upbit exchange will launch DRIFT trading pairs with Korean Won, BTC, and USDT, further expanding its market share and enhancing platform liquidity.
3. MicroStrategy Bitcoin assets achieve new success
MicroStrategy's Bitcoin holdings have a floating profit of over $9.2 billion, demonstrating the company's continued bullish belief in Bitcoin.
4. Hubei man sentenced to 11.5 years for robbing Tether with a knife
A man from Hubei was sentenced to 11 years and 6 months in prison for robbing over 40,000 Tether with a knife, raising concerns about digital currency crime.
5. Binance whale withdrawal trends
10 newly created addresses withdrew 1,910 Bitcoins from Binance in the past 24 hours, suggesting that large funds may be flowing out of the platform.
6. Smart money bets on DOGE profits $4.36 million
Smart funds betting on DOGE have floating profits of $4.36 million, having previously made a profit of 60 times in the MAGA market, which is worth noting!
7. CryptoQuant CEO talks about Bitcoin return rates
The CEO of CryptoQuant stated that the current return level of Bitcoin addresses is at the median of the cycle, indicating that the market is in a stable phase.
8. Musk claims X platform usage reaches historical high
Musk announced that the usage of the X platform (formerly Twitter) has reached a historical high, with the social platform effect gradually becoming apparent.
9. Federal Reserve terminal rate expectations drop to 3.25%-3.50%
Nordea Bank adjusts its Federal Reserve rate expectations, indicating that the Fed may slow down the pace of interest rate hikes, which is positive for the market.
10. SOL market cap surpasses BNB, becoming the fourth largest cryptocurrency
Solana's market cap has once again surpassed BNB, becoming the fourth largest cryptocurrency by market cap, showing its rising position in the industry.
Market trends are changing rapidly; every breakout point is worth noting!
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