2024.09.20 Crypto Market News Morning Report:
🔸Bitcoin price fluctuations: At 8 pm on September 19, Bitcoin's intraday increase expanded to 6%, breaking through $63,300. As of press time later that day, the increase narrowed, and the latest trading price was $62,996.4.
🔸Market liquidation: According to Coinglass data, in the past 24 hours, the total amount of liquidation in the cryptocurrency market exceeded $201 million, and the number of liquidation was nearly 67,000. Due to the rapid rise in Bitcoin prices, the proportion of short orders liquidation exceeded 72%.
🔸Blockchain concept stocks strengthened: After the opening of the U.S. stock market on September 19, blockchain concept stocks also strengthened, with MicroStrategy Investment rising by more than 6% and Coinbase rising by more than 4%.
🔸Trump supports Bitcoin-related events: After the Federal Reserve announced its interest rate decision, Trump appeared in the Bitcoin-themed bar Pubkey near New York University in the afternoon of the same day. He spent $998.70 to buy dozens of burgers and delivered them to bar customers, using the Strike app, which supports cryptocurrency payments, to pay for the meals.
The above content only represents personal opinions and does not constitute any investment advice!
