BiyaPay analyst: It's better to speculate in the US stock market than in cryptocurrency trading. Cryptocurrency concept stocks in the US stock market have surged, and making money is actually faster than speculating in cryptocurrency

According to BlockBeats, on June 10th, there has been a wave of cryptocurrency concept stocks in the US stock market recently: Circle surged over 160% on its first day of trading on June 5th, while multiple cryptocurrency related stocks such as Coinbase, MicroStrategy, and Marathon Digital continued to rise, attracting market attention. In contrast, the cryptocurrency market has performed poorly. Bitcoin has been consolidating horizontally, while most altcoins have fallen back, even to the level before the start of this bull market. BiyaPay analysts believe that this divergence of "no rise in coins, soaring stocks" reflects that institutional funds are "indirectly betting" on the cryptocurrency market through stocks. The logic behind this is that institutions are unwilling to directly hold highly volatile cryptocurrencies and are more inclined to participate in the growth dividends of cryptocurrency through compliant assets such as stocks. For example, Circle's "stablecoin+payment" model, which is closer to the logic of traditional technology stocks, has been popular on Wall Street. Against the backdrop of the current expected decline in interest rates, cryptocurrency concept stocks have also been included in the speculative logic of technology growth stocks, attracting a large amount of short-term FOMO funds. However, the native cryptocurrency market currently lacks new narrative support and is difficult to break through in the short term. In this environment, the BiyaPay platform supports users to invest in US cryptocurrency concept stocks by exchanging USDT for US dollars, without the need to open an offshore account, and can seize the "stock market dividend" of cryptocurrency: USDT can be exchanged for 30+fiat currencies, with stable withdrawals and zero frozen cards; Zero transaction fee for 200+encrypted assets; One click use of USDT to invest in US and Hong Kong stocks, efficient and convenient from cryptocurrency trading to stock trading, BiyaPay helps you seize structural opportunities in the crypto cycle.