The following is an analysis of the logic of the recent surge in BTC. I personally think it mainly includes the following aspects:

First, Trump's winning rate in the election is showing an increasingly high trend, which makes many off-site funds look forward to the legalization of cryptocurrencies and are in a waiting state.

Against this background, this year seems destined to be a year of special significance for BTC, as if a new chapter has been opened.

Secondly, BlackRock has played a certain role in promoting it.

The CEO of BlackRock said that Bitcoin is an asset class that can transcend the scope of global politics, and no matter who enters the White House, it is not a key factor for Bitcoin.

This view has strengthened the market's confidence in BTC to a certain extent and attracted more investors' attention.

Furthermore, expectations for the Fed's interest rate cut are increasing and have basically become clear. This change in the macroeconomic environment often has a profound impact on the financial market.

In the case of expected changes in the traditional financial field, investors may turn their attention to assets such as Bitcoin, thereby driving up their prices.

In addition, new circumstances have emerged in the Mentougou token smashing incident, and the pressure that may have been brought has been alleviated. The dumping of the market has been postponed to next year and will not be carried out this year. This undoubtedly reduces a potential negative factor for the current BTC market environment.

Finally, we have to mention the characteristics of the currency circle itself. Its meme wealth effect is relatively large. #灰度考虑新增35种加密资产 #币安质押SOL #SUI走势分析 #美股财报季来袭