Hello everyone, I am Hippo. As soon as Biden said he would withdraw from the election, the cryptocurrency circle also became excited, and the market sentiment immediately became optimistic. After all, Trump is a well-known supporter of cryptocurrency. And our big brother Musk directly changed his profile picture to one with laser eyes, haha, he understands the cryptocurrency circle.
The most direct manifestation of the superposition of emotions is the price. The price of Bitcoin soared like a rocket, reaching a high of US$68,200, the highest point in a month.
Expectations and positive news continue. According to data, in July, the inflow of Bitcoin ETF hit a record, with an additional 41,000 BTC and a total holding of more than 900,000 BTC. It can be foreseen that ETH ETFs will inevitably bring a new wave of sentiment. At the same time, the US Consumer Price Index (CPI) data was lower than expected, and the reduction of inflationary pressure increased the possibility of the Federal Reserve cutting interest rates.
Some radicals predict that BTC may break through $150,000 this year. I am not that optimistic, but I think $80,000 is worth looking forward to.
If you don’t understand investing, embrace BTC!#拜登退选 
