Can Bitcoin reach new heights?
NOT's market value soared by 2 billion in a week.
Who will win the title of the strongest dark horse in the currency circle?
After a quiet weekend, it rose steadily overnight, and global investors returned to the market.
However, the rise came to an abrupt halt shortly after the opening of the US market! Why did the price encounter resistance?
Last month, the news that the pending spot Ethereum ETF application was approved by the US Securities and Exchange Commission (SEC) drove a surge in crypto prices, bringing many tokens close to new cycle highs.
The unexpected approval news caused traders with insufficient positions to frantically chase ETH, pushing its price to a new cycle high of more than $4,000;
Bitcoin also approached a record high, only 2% away from the peak, and briefly touched $72,000.
Although Ethereum hit a new high last Monday, Bitcoin suffered a heavy blow before reaching the top, which is a worrying sign for bulls that sellers still have some control.
According to CoinGecko data, as of June 3, NOT's 24-hour total network transaction volume reached 4.646 billion US dollars, ranking fourth in the entire network,
second only to Bitcoin, Ethereum and USDT. Among them, on the Binance platform, the transaction volume of NOT/USDT reached 2.175 billion US dollars, accounting for 46.56% of the total transaction volume; on OK, the transaction volume of NOT/USDT was 628 million US dollars, accounting for 13.45%. Currently, the price of NOT is $0.022
In the current ups and downs of the market, blindly working alone will never bring opportunities! ! !
If you don't know what to do in the bull market, click on my avatar and watch Zhu Ye Jin Lan,
Bull market strategies and internal information in the currency circle are shared with fans free of charge!
