In-depth Analysis of Bitcoin: Market, Risks, and Regulatory Guide
📈 Bitcoin Market Tracking As of July 19, 2025, the total market capitalization of crypto assets is approximately US$3.92 trillion, an increase of approximately 42.03% compared to the end of the first quarter. Among them, Bitcoin accounts for 59.85%, Ethereum 10.91%, Ripple 5.18%, Tether 4.70%, and Binance Coin 2.71%. The price of Bitcoin rebounded sharply, hitting a record high, with a closing price of US$117,900, an increase of 42.89% compared to the end of the first quarter.
🔍 What is Bitcoin Bitcoin is a decentralized digital currency system that does not rely on banks or governments, and uses peer-to-peer networks and cryptography to achieve secure online transactions and value storage.
💡 Core Features
Decentralized, digital currency, peer-to-peer, cryptography-based, limited supply
⚠ Summary of Important Risks
Price Volatility: Bitcoin prices may fluctuate sharply in the short term, with high risk.
Regulatory Risk: Policies vary from country to country, with legal and compliance risks.
Security Risk: Improper private key management or operational errors may result in asset loss.
Scalability: Limited transaction processing capacity may cause delays and increased fees.
Illegal Uses: Has been used for money laundering and other illegal activities, but blockchain transparency helps with tracking.
Value Basis: Value is based on market supply and demand and confidence, with no underlying asset support.
🛡 Regulatory Key Points
Clarify Legal Status: Bitcoin does not have the status of legal tender and cannot be circulated.
Holding Legality: Individual holding is not illegal, but transactions and other activities are illegal.
Transaction Ban: Prohibit the exchange of legal tender and virtual currency and related transactions.
Mining Ban: Comprehensively ban virtual currency “mining” activities.
Cross-border Transaction Restrictions: Foreign exchange controls restrict personal cross-border remittances for virtual currency transactions.
China's restrictions on individual participation in Bitcoin
Legal Status: Virtual currencies such as Bitcoin do not have the status of legal tender and cannot be circulated as currency.
Holding Legality: It is not illegal for individuals to hold Bitcoin, but transactions, speculation or use for illegal activities are illegal.
Transaction Ban: Comprehensively prohibit legal tender and virtual currency exchange and related transaction activities.
Mining Ban: Comprehensively ban virtual currency “mining” activities.
Cross-border Transaction Restrictions: Foreign exchange control policies restrict personal cross-border remittances for virtual currency transactions$BTC #加密市场反弹 #Solana期货交易量创新高
