“ In 10 minutes, nearly $100 million was spent on the market to pay for CoinTelegraph’s “false news”, of which $72 million was liquidated for short positions and $26 million for long positions.”
What Bitcoin ETFs mean to the industry
Once the Bitcoin spot ETF is officially listed in the United States, it will become a milestone event in the global blockchain field, because it means that the U.S. regulatory authorities have legally recognized the legal status of Bitcoin as a financial product, and Bitcoin will gain unprecedented influence.
Affected by the escalation of international turmoil and the impact of news, the market has initially shown a downward trend.
#BTC has been fluctuating between 28100 and 28400 after hitting the bottom of 28100. It has not yet moved out of this range. The strategy given yesterday did not make a profit. It has bottomed out several times in the evening. Although the support of 28000 is still consolidated, the upward momentum is obviously insufficient, so we should think high.