Temporary update:
2024.09.19 The United States cut interest rates by 50 basis points for the first time in more than four years, which means that the US dollar has begun to depreciate and the RMB has begun to appreciate. Do you think that Bitcoin, which is equivalent to the US dollar, will rise or fall in the future?
Although from yesterday, after the US interest rate cut was confirmed, Bitcoin, Ethereum, platform coins, and altcoins all rose sharply and rebounded a lot, but how long do you think this situation can last and how high will it rise?
As shown in the figure below, yesterday the US dollar to RMB was still 1:7.06, and the C2C buying price was 7.07-7.08; but look at today, although the US dollar to RMB is still between 1:7.04-7.05, the C2C buying price has become 6.98, 6.99, which is a serious inversion. Why do you think these U merchants have to sell so quickly when they lose so much? Are they willing to do business at a loss?
Personal comments do not constitute any investment advice. This article is purely for entertainment. Thank you for your appreciation! #çŸèćšćźŁćžéæŻ50äžȘćșçč #BTCâ #ETHđ„đ„đ„đ„
