Good morning, brothers! The market is calm at the moment, BTC is as stable as a mountain, but some altcoins have dropped, with some falling by as much as 5%!
There is no obvious bad news; the main concern in the market is that BTC is at a high level, and if it drops, it could lead to a crash in altcoins, prompting some large holders and project teams to sell their coins in advance to hedge against risks.
There were many developments yesterday: Cb withdrew over 7,000 BTC, reflecting that large holders are cashing out after buying at the bottom; a Colombian company bought 292.8 BTC;
The US-listed company Bakkt announced it is raising $1 billion, some of which may be invested in Bitcoin; the CEO of Cb exchange stated they are increasing their Bitcoin holdings weekly.
The White House digital asset policy advisor also released news that the US is building a strategic BTC reserve infrastructure, leaning towards a budget-neutral increase. Tonight at 8:30, the US core PCE price index will be announced; if it is less than 2.6%, it will be positive, otherwise negative, so keep an eye on it!
Tonight, I'll be bringing fans to layout for the PCE special. Fans who want to follow Brother K's operations, get ready!
