chengyuankang
@chengyuankang
@10zoudonglin Is this also true for Bitcoin and cryptocurrencies? If the rise of U.S. stocks is the result of the risk market's pursuit of emerging industries and the lack of a better place for hot money to go, then the same is true for Bitcoin. Starting from 2023, or when the policy enters a suspension phase, the price of $BTC has been hovering around $25,000. The main reason for the BTC price to break through $73,000 and achieve a nearly three-fold increase is ETF.
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