The number of unemployment benefits was 209,000, lower than the expected 210,000, indicating a strong economy and negative for the currency circle. The annual PPI rate was 1.6%, higher than the expected 1.1%. Inflation expectations also increased, which was negative for the currency circle. After the data was released, the U.S. dollar index rose while BTC fell
In the past 90-plus days, the price of Bitcoin has increased by approximately 70% However, many copycats did not follow the rise, and the funds in the currency circle did not increase.
At present, the currency circle relies entirely on funds from ETFs to survive. On March 12, the total net inflow of Bitcoin spot ETFs reached US$1.05 billion. The market value of many MEMEs is already ridiculously high. Once BTC crashes, blood will flow like a river. #热门话题 #sol #aevo #BTC
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