Today, the currency circle has set off a wave! Bitcoin has risen sharply, and the three main reasons behind it have been found.

After the CPI data was released last night, Bitcoin has entered the main rising trend since then, breaking through $66,000 in one fell swoop, with a single-day increase of 6.3%. The increase of multiple currencies has exceeded 20%!

But while the bulls were reveling, the shorts were liquidated by $114 million, of which the largest liquidation order was worth $2.1146 million, equivalent to about 15.26 million yuan.

The sudden rise in the Bitcoin market was mainly affected by the following three factors:

1. Hong Kong Bitcoin spot ETF continues to hype: There are constant rumors in the market that Hong Kong's Bitcoin and Ethereum ETFs will be open to mainland China for trading in the future, which is exciting news. If it is open, it is expected that hundreds of billions of funds will flow into the market, but the specific situation depends on the mainland's regulatory policies.

2. Weak US core CPI data: The weak US core CPI data last night boosted expectations of interest rate cuts. This is undoubtedly good news for risky assets. It is expected that the probability of interest rate cuts in September will further increase, and interest rate cuts are also possible in November and December.

3. Chicago Mercantile Exchange Group plans to launch Bitcoin trading: CME is planning to launch Bitcoin trading and has discussed with traders who want to buy and sell Bitcoin on a regulated market. Although this plan has not yet been finalized, the market is full of expectations.

In addition, there are some rumors, such as Musk starting to buy a large amount of Bitcoin. In general, there are many good news in the market at present. It is recommended to cash in about 30% of the varieties with larger increases in operations, and keep enough bullets for subsequent callbacks. #BTC#上寨币行情#ETH#币圈 #狗币 #牛市来临 #美国4月CPI数据回落 #Meme币你看好哪一个？ #美国4月CPI数据回落 #BTC走势分析