We continue to pay attention to the 24-hour crypto market capital flows:
USDT: The current market value is 87.4 billion, with a 24-hour increase of 0.14%, and a 24-hour market value increase of 122 million.
The 24-hour transaction volume increased by 7.63%, and the current transaction volume is 51.4 billion.
Observe through the data chart that USDT funds began to increase at 8 am.
USDC: The current market value is 24.1 billion, with a 24-hour increase of 1.16% and a 24-hour increase of 279 million.
The 24-hour transaction volume increased by 10.68%, and the current transaction volume is 6.5 billion.
Through the data chart, we can observe that USDC funds have been increasing since 18:00 yesterday afternoon, and the increase is divided into different stages. The largest increase in funds was at 6 am.
From the above data, we can clearly draw the result. The crypto market rose last night and its market value increased. The U.S. trading area uncharacteristically increased capital inflows. The core reason is that U.S. stocks have always performed poorly under the macroeconomic environment of high interest rates. As for whether U.S. bonds It is still unknown whether it will suck blood from the risk market. So if a large amount of money suddenly pours into the crypto market, will the bull market continue to start? Or is it a last ditch effort before the ETF hype ends?
Our view will be elaborated on in our disk analysis later.
