Recently, the cryptocurrency market has experienced severe fluctuations, with the price of Bitcoin (BTC) falling sharply, triggering a chain reaction across the entire market. The market capitalization of BTC has risen to 66%, while other cryptocurrencies are generally showing a downward trend. This pattern is reminiscent of the market conditions in the first half of 2024.
It is worth noting that this volatility is closely related to changes in the global financial markets. The U.S. stock market has weakened simultaneously, while international crude oil prices have seen a significant increase.
View OriginalIt is worth noting that this volatility is closely related to changes in the global financial markets. The U.S. stock market has weakened simultaneously, while international crude oil prices have seen a significant increase.