The cryptocurrency market is experiencing a collective surge! Here are 3 reasons to consider before deciding whether to jump in
Recently, the cryptocurrency market has seen continuous increases! Bitcoin and Ethereum have surged simultaneously, even meme coins are taking off—don’t just be envious, understand why this is happening:
① Big institutions are going crazy: Financial giants like BlackRock and Fidelity have been aggressively buying cryptocurrencies recently, 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 are starting to cut interest rates and print money. With concerns about currency depreciation, people are flocking to Bitcoin, which has a fixed supply, after all, no matter how much money is printed, there will only ever be 21 million Bitcoins.
③ Regulatory relief: The U.S. and the European Union have successively introduced new regulations for cryptocurrencies, clearly stating that trading and compliant operations are allowed. Those who were previously afraid of a one-size-fits-all policy are now willing to take action.
🔆 But it’s important to temper expectations: What rises sharply can fall even harder! It’s not unheard of for prices to drop by 70% after a surge in previous years. If you really want to enter the market, use spare money to play, otherwise, you might end up leaving in tears. #BTC #ETH #PiJS #pi #DOGE冲冲冲