Many people are asking why $btc is rising so dramatically? Setting aside the fact that interest rate cuts have not yet been finalized (although the market generally expects a 25 basis point cut in September, it still depends on this month's and next month's data. If the data is still not okay, then it is quite possible that there will be no rate cut in September), with the uncertainty of rate cuts, the fundamental situation will not change. For this reason, looking at the current situation, I personally believe that the main reason for this wave of increase is the promotion of the stablecoin bill.

The market expects it to be passed by next week at the latest, and it will take effect after Trump's signature. This has greatly increased the confidence of large funds in the crypto market. Therefore, the current situation is that as long as funds are withdrawn from the US stock and bond markets and a small portion is allocated to $btc, it can push the price to the sky. Note that this is not about frantically chasing the rise, but rather normal asset allocation. For example, if I manage $1 trillion in assets, withdraw $200 billion in cash from the stock and bond markets, and feel insecure holding cash, I might invest $10 billion in Bitcoin, $20 billion in gold, and $10 billion in renminbi. This is roughly the logic. Although the allocation ratio is not high, as long as institutions can take action, the more institutions that take action, the more this power will converge into a river, which should not be underestimated. #以太坊走势 #币安LaunchpoolHUMA #比特币突破11万美元