$BTC #代币发射平台竞争加剧 #Recently, there has been a significant rebound in the cryptocurrency market. According to CoinWorld on May 7, the cryptocurrency market has stabilized and rebounded, with Bitcoin (BTC) rising 3.16% in 24 hours, surpassing $97,000, and Ethereum (ETH) rising 2.00%, standing above $1,800. On May 8, the total market capitalization of cryptocurrencies exceeded $3 trillion, reaching an eight-week high, with a daily increase of 2.5%. Bitcoin and Ethereum led the gains, rising 2.5% and 4% respectively.

The rebound in the cryptocurrency market is mainly attributed to the following reasons: First, concerns about the Federal Reserve's policies and stagflation. On May 7, Federal Reserve Chairman Powell announced that the U.S. would maintain its target interest rate at 4.25%-4.5%, implying that the economy would face stagflation risks. Investors view Bitcoin as digital gold, used to hedge against currency depreciation and inflation pressure. Second, the implementation of the UK-US trade agreement has alleviated global trade tensions, boosting investor confidence in risk assets. After the announcement, Bitcoin briefly rose 4%, driving the overall market upward. #币安HODLer空投NXPC $BTC