Bithumb will launch SONIC, SAFE, and AHT on the Korean won market
According to official announcements, South Korean cryptocurrency exchange Bithumb will launch SONIC, SAFE, and AHT on the Korean won market.
According to official announcements, South Korean cryptocurrency exchange Bithumb will launch SONIC, SAFE, and AHT on the Korean won market.
BlockBeats News: On April 4th, Coindesk analyst Omkar Godbole stated that Bitcoin (BTC) bulls may be in a situation where they will benefit regardless of the outcome, meaning that regardless of the strength of the labor market shown by employment data, Bitcoin bulls may become the ultimate winners. This special situation stems from President Trump's comprehensive tariff policy announced on Wednesday, and forward-looking markets have begun to price the risk of economic recession and the expectation of the Federal Reserve cutting interest rates. Therefore, even if the non farm payroll data is stronger than expected (usually boosting the US dollar and suppressing risky assets such as BTC), the market may consider it outdated information, and any BTC decline caused by strong data may quickly reverse and eventually turn into an increase. On the contrary, if the data is weak, it will only exacerbate recession concerns, strengthen expectations of Fed interest rate cuts, and reignite risk appetite in financial markets. BlockBeats note: Non farm payroll data will be released tonight at 20:30 Beijing time.
According to DefiLlama data, the total lock up volume (TVL) of DeFi has decreased by over 30% from its high of $137 billion in December last year, and is currently at $94.5 billion, hitting a recent low of $88 billion last month. Analysts believe that this decline is mainly influenced by macroeconomic pressures and the immaturity of the DeFi ecosystem. Kronos Research CIO Vincent Liu stated that market uncertainty has led to a decline in user confidence, a decrease in active addresses in the cryptocurrency market, price corrections, and intensified competition in other blockchain markets, further exacerbating this trend. In addition, US President Trump's trade tariff policies and inflation concerns have also weakened the previous cryptocurrency bull market sentiment. The price of Bitcoin has dropped from a high of $108000 in January to around $83000 currently, while Ethereum has fallen from $4000 to $1800. HashKey Research Director Kevin Guo pointed out that DeFi still needs further maturity to achieve deep integration with institutions and financial products, while improving user experience and security.
OKX-BTC/USDT is currently trading at $84515.90, with a 24-hour increase of 0.94%. Please be aware of market fluctuations.
The current price of BTC is $84273.40, with a 0.54% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 10.64 million US dollars, with the main liquidation being short orders and BTC liquidation being 3.1 million US dollars (29.12%). The data is for reference only.
OKX-BTC/USDT is currently trading at $84026.40, with a 24-hour increase of 0.73%. Please be aware of market fluctuations.