Cryptocurrency Market Surges Collectively! Here are 3 Reasons, Decide Whether to Jump In After Reading
Recently, the cryptocurrency market has been continuously rising! Bitcoin and Ethereum have surged together, even altcoins are taking off—don't just get jealous; understand why they are rising first:
① Big Institutions are Frenziedly Buying: Financial giants like BlackRock and Fidelity have been aggressively purchasing cryptocurrencies, with their fund sizes exceeding hundreds of billions. Once they enter the market, retail investors follow suit, how can prices not rise?
② Global Monetary Easing is Back: Many countries have begun to cut interest rates and print money. With concerns about currency devaluation, investors are flocking to fixed-supply assets like Bitcoin—after all, no matter how much money is printed, there will only be 21 million Bitcoins.
③ Regulation is Easing: The U.S. and the EU have rolled out new cryptocurrency regulations, clarifying that trading and compliant operations are allowed. Those who were previously worried about a blanket policy are now willing to take action.
🔆 But it's important to be cautious: What rises sharply can also fall sharply! It’s not uncommon for assets to drop 70% after a surge in previous years. If you really want to enter the market, use spare cash; otherwise, you might leave in tears.
How long do you think this surge can last? Make your predictions in the comments section.