(🔥Related) 😅Bitcoin Price Adjustment: Is It Due to the Wave of New Coin Listings?
+ Recently, the price adjustment of $BTC
🤫Bitcoin has attracted attention, and many people are questioning whether this is related to the wave of new coin listings like $COW
and $CETUS
on major exchanges, especially Binance. The continuous and simultaneous listing of new coins can create a dispersion of capital flow, reducing purchasing power for major coins like Bitcoin and causing BTC prices to fluctuate more.
--> 🤡🤡🤡The continuous listing of new coins by Binance, while providing diversity and investment opportunities, can also lead to a weakening of the overall market. As users get caught up in new coins with high expectations, capital flow may become "fragmented," putting pressure on core coins. This raises questions about Binance's listing strategy and the long-term impacts on the cryptocurrency market. #VuzAI🤖