U.S. Policies Boost Bitcoin, May Reach New Highs!

Driven by favorable policies and institutional investments in the U.S., the cryptocurrency market is experiencing a rebound, and Bitcoin's price is approaching historical highs.

With the U.S. approving a spot Bitcoin ETF and clearer market regulatory rules, investor confidence has surged, leading to a more than 20% increase in Bitcoin's price this month.

Many large financial institutions are also beginning to enter the cryptocurrency space, and some traditional banks have even launched Bitcoin custody services.

Sister Yang believes that macroeconomic factors such as potential interest rate cuts by the Federal Reserve and inflationary pressures make institutional investors more willing to buy digital assets like Bitcoin.

The market's rise is not unique to Bitcoin; Ethereum and some altcoins have also seen significant increases, and the trading activity in decentralized finance has notably rebounded.

Experts predict that as the infrastructure of the cryptocurrency market continues to improve, this upward trend may persist until the end of the year.

However, everyone should remain cautious of the risks brought by changes in policy regulation and significant price fluctuations.