ALPHA LEGION

Good Morning Friends

3000 gifts🎁 for my fam

Drop comment " Good Morning "

Good Morning Friends

3000 gifts🎁 for my fam

Drop comment " Good Morning "

Good Morning Friends

3000 gifts🎁 for my fam

Drop comment " Good Morning "

‼️This Saturday's Simey Lightning Chat Room Exclusive Merchandise Guessing 🎟️ Preview
1. Enter the chat room below 👇, registration opens on April 26 at 8 PM
Simey闪电币安王牌KOL聊天室
2. Guess the price of $BNB on April 27 at 12 PM in the chat room, based entirely on skill, with no insider information. If you don't have Binance merchandise yet, hurry over to participate in the guessing 🎟️.
3. After the guessing 🎟️ ends, the results for the week's winners will be announced this Sunday evening, along with related previews for the next event.

Note 📝: Due to shipping reasons, this is only for users with mainland addresses.

#加密市场反弹
It actually rallied, is this what Trump called the rebound of the cryptocurrency market? There hasn’t even been a rate cut, it seems Trump really has a way! Before, he only hinted at it, but now he’s laying it all out! He wants to be the true emperor of cryptocurrency! This market has always been turbulent, but it all depends on what Trump says! Shorting at highs is my personal suggestion! At the very least, shorting SUI is better than having no position at all. I refuse to believe that our Emperor Trump will pump it all the way to 120,000, right everyone?

𝙂𝙤𝙤𝙙 𝙢𝙤𝙧𝙣𝙞𝙣𝙜
In Dubai, luxury isn’t a choice. It’s a lifestyle.

Grab your red packet and click follow button

Bitcoin: Safe-Haven Asset or Risk Asset?

On April 22, 2025, traditional safe-haven assets like gold, the Japanese yen, and the Swiss franc fell due to a decrease in risk-aversion sentiment, while Bitcoin surged by 7%, reaching $93,663, and approached $94,453 the next day. The three major U.S. stock indexes rose over 2.5%, the U.S. dollar index increased, and gold dropped to $3,411 per ounce. The cryptocurrency market heated up, with Ethereum rising over 10%.

Bitcoin's Rise Logic

Enhanced Safe-Haven Attributes:
U.S. Dollar Credit Crisis: The proportion of U.S. dollar foreign exchange reserves has fallen to 58%, and de-dollarization has driven up Bitcoin demand.

Economic Stagflation Risk: U.S. PMI is sluggish, with core CPI reaching 2.4%, leading funds to shift from U.S. stocks to Bitcoin.

Global Reserve Demand: Global gold reserves are expected to increase to 4,974 tons in 2024, leading to rising demand for Bitcoin as “digital gold.”

Favorable Policies:
Trump supports cryptocurrency and stated on April 22 that he does not plan to fire Federal Reserve Chairman Powell.

New SEC Chairman Paul Atkins (who took office on April 21) is pro-crypto, expected to bring relaxed regulations.

Market Dynamics: Bitcoin is decoupling from U.S. stocks and has an increasing negative correlation with the U.S. dollar, attracting investors.

Conclusion

Bitcoin exhibits safe-haven attributes, but its high volatility and dependence on the U.S. economy make its status unstable. Attention should be paid to policies, economic indicators, and institutional trends.

Bitcoin market share rises to nearly four-year high

Today, Bitcoin's market share surged to 64.61%, reaching its highest level since February 2021. The high market share of Bitcoin indicates the dormancy of the altcoin market, but it also suggests that a rebound is imminent.

In November last year, when Bitcoin's market share exceeded 60%, altcoins entered a small bull market. In both 2019 and 2021, Bitcoin's market share reached above 70%, followed by a spectacular rally.