#杰克逊霍尔年会 #美国7月PPI低于预期 #美联储何时降息？ $BTC $ETH
Dear friends in the cryptocurrency circle, let’s talk about today’s highlights!
The latest report from Crypto.com is a bombshell that has set the entire cryptocurrency world abuzz. Let’s take a closer look at the mystery behind it:
1. The number of holders has skyrocketed: The number of cryptocurrency holders worldwide has exceeded 617 million. What does this mean? Simply put, one in every 12 people on earth now holds cryptocurrency. Just think about it, Bitcoin has only been around for 15 years, and it has already attracted such a large user base. This growth rate is even crazier than the Internet back then!
2. Bitcoin and Ethereum lead the way: BTC holders increased to 314 million, and ETH followed to 136 million. These two giants together account for 73% of the market share. Why? Because they are not just coins, but also the infrastructure of the entire crypto ecosystem. Just like Windows and iOS back then, whoever controls the underlying system controls the future.
3. The ETF effect is significant: After the US spot Bitcoin ETF was launched, it attracted US$14 billion in just six months. Do you still remember that when the ProShares Bitcoin Futures ETF was launched in 2021, the price of Bitcoin soared directly to a record high? The impact of spot ETFs will only be greater because it directly purchases physical Bitcoin, and the impact is more direct.
4. Technology upgrades drive adoption: Ethereum's Dencun upgrade significantly reduced Layer-2 transaction fees. This is like reducing the toll on a highway, and naturally more people will choose to take to the road. Looking back at the DeFi summer of 2020, it was precisely because of the congestion of the Ethereum network that so many Layer-2 solutions were born. Now that Layer-2 fees have been reduced, will a new round of DeFi craze come again?
5. Institutional entry accelerates: The vast majority of the $14 billion in ETF funds inflows come from institutional investors. The bull market in 2017 relied on retail investors, and institutions joined in 2021. In the bull market in 2024, institutions may become the main force. Think about it, what will happen when Wall Street tycoons start to buy Bitcoin in large quantities?
6. Challenges and opportunities coexist: Macroeconomic pressure and geopolitical situation have indeed cast a shadow on the market. But history tells us that after every crisis, it is often the best time to enter the market. Remember the plunge caused by the epidemic in 2020? After that, Bitcoin hit a record high.
Overall, this report shows us a rapidly maturing crypto market. Technology is improving, regulation is improving, and institutions are entering the market. We may be standing at the starting point of the next big bull market.
But please remember that risks and opportunities coexist in the cryptocurrency world. Don’t blindly chase high prices, and good risk management is the key to success.
The above content is for information sharing only and does not constitute any investment advice! Investment is risky, so be cautious when entering the market!
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