Attention! Tonight these messages will ignite the Bitcoin market
1. US Regulatory Easing
The department that regulates cryptocurrency in the US is called the SEC. Previously, they always troubled crypto companies, such as suing Coinbase for illegally selling "unregistered securities" (which means cryptocurrency). Now that Trump is in office, the SEC has a new leader, and the winds have changed! Those lawsuits that were not considered fraud are likely to be withdrawn, and Coinbase's lawsuit is almost being dropped. Furthermore, companies may be allowed to boldly hold crypto assets in the future. Although new regulations may not come out immediately, as long as everyone feels that regulation will be eased in the future, they will be willing to buy Bitcoin, and the price will naturally rise; if the policy progresses poorly, the price will be in jeopardy.
2. Wars and Tariffs Stirring Trouble
Recently, Israel has been at war with Iran, causing oil prices to jump by 9%, and gold prices soared to $3,400 per ounce, leading to a global stock market decline. At this time, some people feel that Bitcoin can act as a safe haven, and will rush to buy it, driving the price up; but if panic escalates, and everyone frantically sells assets to flee, Bitcoin will also have to drop. Additionally, on June 23, the US will impose a 50% tariff on steel home appliances, which will affect global trade. If the economy worsens, there will be fewer investors in Bitcoin, and the price will be affected.
3. Industry Movements Cannot Be Missed
If large holders like MicroStrategy continue to buy Bitcoin, market demand will increase, and the price will definitely rise. Also, if more and more stores accept Bitcoin as payment, or if cross-border transfers can use Bitcoin, then Bitcoin will become more practical, and with more buyers, the price will naturally rise.
4. US Stock Market Fluctuations Are Key
If the US stock market rises dramatically, everyone will rush to buy stocks, and Bitcoin will have no demand, causing the price to drop; if the US stock market is performing poorly, Bitcoin will become a "spare tire," with funds flowing in, causing the price to rise. Additionally, if bank interest rates rise, keeping money in the bank becomes more profitable, making holding Bitcoin less attractive, and people will sell; if interest rates drop, Bitcoin's attractiveness will increase again. #以色列伊朗冲突 $BTC
