$BTC Last night, it rose and fell together with gold again. The last time they rose together was in January this year, before Trump took office. At that time, the U.S. election was seen as a risk event, and Bitcoin and gold together became safe-haven assets.

Last night, U.S. stocks, foreign exchange, and bonds continued to plunge, with the 10-year U.S. Treasury yield reaching 4.6%. The U.S. stock market also experienced a significant drop, marking a serious risk event. However, Bitcoin has resumed its safe-haven property logic, mainly due to Moody's downgrade of the U.S. sovereign credit rating. Is the market expecting the U.S. to rescue the economy soon?

Currently, Bitcoin stands out alone. If the U.S. does not intervene, Bitcoin cannot hold up. On the other hand, if the situation of stocks, foreign exchange, and bonds continues to decline, the U.S. will certainly intervene, which means that Ethereum, Solana, and others will see a rebound.

So today, I suggest everyone pay attention to other varieties and also monitor any statements from individuals in the U.S. #BTC再创新高 #BTC挑战11万大关