Attention!!! Bad news!!!

Attention!!! Bad news!!!

After Bitcoin fell below the $60,000 mark, market sentiment suddenly became tense and panic spread across the market. At the same time, although the Memecoin market has been neglected recently, an emerging force is quietly attracting investors' attention.

Looking back at the past 36 hours, the price of Bitcoin (BTC) has experienced dramatic fluctuations: initially it dropped 9% from a high of $588,000 to a low of $555,000; then it quickly rebounded 6% to around $568,000. This round of roller coaster-like market conditions not only increased market volatility, but also triggered a large-scale cryptocurrency liquidation wave, with long positions under particularly heavy pressure.

Behind this decline in Bitcoin, multiple factors are intertwined. On the one hand, the news that the German government sold BTC was like a bombshell, shocking the market; on the other hand, Mt.Gox transferred BTC assets worth up to $2.7 billion to a new address, which also increased market uncertainty.

Looking ahead, as the market gradually digests the impact of these major events, the liquidation pressure of cryptocurrencies is expected to ease in the next few days. The market needs time to rebuild liquidity and pave the way for subsequent trading activities.

As for the memecoin industry, although it once became the focus of the market in late May and rose significantly, it has failed to continue its strong momentum recently and entered a period of adjustment, showing a bearish trend.

#美国6月非农数据高于预期 #币安合约锦标赛 #美联储何时降息？ #美国首次申领失业救济人数超出预期 #BTC走势分析

We share this valuable information with you unconditionally. If we have the same goal, let us join hands and enter the circle.