Click on the link to enter the meeting: https://meeting.tencent.com/p/7277739262
The rise in the cryptocurrency market today is mainly related to an economic proposal announced by former US President Trump. Meanwhile, some analyses also point out that the improvement in liquidity conditions in financial markets is a positive factor behind it.
Here is a summary of the main reasons driving the rise of cryptocurrencies today:
1. Directly catalyzing the event, Trump announced plans to distribute at least $2000 in "tariff dividends" to the majority of Americans. This move has been interpreted by the market as potentially stimulating the economy and demand, thereby driving up asset prices, including cryptocurrencies.
2. The key indicator for measuring the liquidity of the US dollar, the SOFR and EFFR spread, has fallen from its high level due to the improvement in market liquidity. This indicates that the tension in the financial system has eased and liquidity has become more loose, which is usually beneficial for risky assets such as Bitcoin.
So how do we deal with the current market situation, how do we find entry points, and how do we avoid the risk of making orders? The live broadcast room is currently explaining
Tencent Meeting: 727-773-9262
Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.