Today, the Bitcoin (BTC) market is highly volatile. Earlier, it briefly broke through the $80,000 level, but then, due to news that the US-Iran negotiations have broken down, it quickly fell below $72,000, dropping by more than 2% at one point. Influenced by a variety of factors, including macro policy and regulatory expectations, the price is currently generally trading back around $78,000 in a consolidation range. Ongoing net fund inflows from institutions such as BlackRock provide support for the price, but reports from CryptoQuant also indicate that this round of upside is mainly driven by futures demand, and the lack of spot buying means the foundation of the rally is not solid. With high overall market uncertainty, larger price swings may occur in the future. $BTC #WCTC交易王PK

BTC0.66%
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