Odaily Planet Daily News, Bitget CEO Gracy Chen recently shared her unique insights on the cryptocurrency market in an interview with Bloomberg TV! 🎙️ She pointed out that the fluctuations of Bitcoin around the $100,000 mark indicate strong arbitrage sentiment in the market, especially among whale users who have been accumulating since 2022, with an average holding cost of only about $20,000. Although future cryptocurrency regulations in the United States may become more lenient, uncertainty remains a significant consideration for investors.
Meanwhile, Bitcoin's strong performance has brought more opportunities for altcoins. However, regarding rumors of ETF approvals for altcoins like DOGE and SOL, Gracy reminds everyone that there are still multiple challenges, including approval order, regulatory discrepancies, and market manipulation risks. 🔍
Overall, although the market is full of variables, Bitcoin remains the focus of attention for everyone! 🚀