Return of the Bull? Bitcoin Breaks $93,900, Why Did the Market Soar Overnight?
Amid the turbulent smoke of global tariffs imposed by the Trump administration, Bitcoin staged an epic comeback that rewrote the narrative logic of traditional financial markets. On the morning of April 23, Beijing time, Bitcoin's price broke $93,000 with a 24-hour increase of 7%, reaching a new high since March 7. This breakthrough not only led to $618 million in liquidations for short positions in a single day but also reduced the 30-day correlation between Bitcoin and U.S. stocks to 0.65, the lowest level since 2023. Against the backdrop of a 16% decline in the Nasdaq index this year, Bitcoin's mere 6% pullback is reshaping its market positioning as 'digital gold.'
When Bitcoin rises, Ethereum will follow suit, got it?
Yesterday, entering long positions in Ethereum at 1581 successfully netted a profit of 200 points; if you bought 100 Ethereum, you made 20,000 U.
The next order is about to be publicly laid out, the kind that earns 200,000 U.
Intraday attention on public chain projects: Sui, Apt, Sol, Tia
