$SOL Just now, Bitcoin plummeted, and the reason was found!
Tonight was not peaceful, Bitcoin fell below 65,000, and Ethereum fell below 3,200 US dollars. What happened?
Today, Hong Kong's China Asset Management and Harvest Bitcoin and Ethereum ETFs were both approved. It should be good news. Why did they fall? In the final analysis, it is still the instability of local conflicts.
Just now, Israel launched a large-scale attack on Lebanon and launched dozens of air strikes on Lebanon, which added uncertainty to the direction of the situation in the Middle East, and cryptocurrencies fell.
But has this changed the fundamentals? No! Short-term fluctuations are more emotional and short-term funds. The underlying logic of the long-term remains unchanged. Bitcoin ETF funds will still flow in in the future. After halving, 7-8 months will still be a bull market. Hold on, you can make a lot of money!
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