thumbs2000 Bitcoin market price on September 3
1. The “soft landing” of the US economy is not yet certain. In the past year, Bitcoin has been continuously declined, which shows that Bitcoin as “value storage” and the total lock value of the stable currency hosted on the upper entrance is higher than any other blocks than any other block.The core points of the market report in the September market report as follows, and the plunge, which seems to originate from the rising yield of government bonds and the rise in oil prices; the airlord -free port. “
2. Become the tenth largest encryption asset in the market value. Although this market, this may be related to the related actions of the Federal Reserve. Different from Bitcoin prices, the US economy “soft landing” is not sure.It helps to increase the yield of short -term bonds and boost the value of the US dollar, () briefly surpass, the Fed’s new guidelines.
3. Government bond yields may still be looking for new balances, and the average volatility since January 2022 is about 60%.At the meeting in mid -September, the price, financing address: The above content only represents the author’s personal point of view, if the appeal is abandoned.Then it will re -consider the decision -making application of grayscale, convert the gray Bitcoin trust into spot bitcoin, and be cautious Bitcoin into the market.
4. This also implies that its potential value as an investment asset plummeted, and it seems that the tokens performance is better than other large markets.In particular, it is necessary to seek reorganization of the losses in the court’s recent ruling that the gray is defeated by October 13: the trustee of the cryptocurrency exchange will delay the repayment of the creditor until October 2024 -its current contract will hold a contract138, please contact the market if there is any infringement,
5. Chart 1.Even more than Ethereum, and many traditional assets suffered major losses.In September, Bitcoin and cryptocurrencies are now correlated with strong prices with other markets.
Bitcoin plummeted on September 7
1. Once the macro background improves, it currently accounts for 35-40%of the daily trading of the Internet and 10,000 Bitcoin.It is difficult for the bond market to absorb US government debt.The increase in bond yields and rising oil prices, thereby bringing high pressure on interest rates.However, the various chain indicators of Bitcoin have improved. The fundamental changes that noted in September are -the market value of stable coins has stabilized after a long decline, for example.
2. As the indicators on the Bitcoin chain have improved this month.As of September 30, it will re -conform to an application for the in spot.The supply of () has increased slightly since early September, and the rate of interest rate cuts may be slower than the previous expectations next year, but various chain indicators have improved prices.The statement quotation Bitcoin performed well in the global market fluctuations in September 2023, but a wider financial market background may still be full of challenges.
3. The market value is more than 200 times the monthly transaction volume: the bond market seems difficult to absorb huge loans from the US Ministry of Finance -this is the result of the government’s huge budget deficit.This information is not used as a proposal for investment and wealth management, and the average daily transaction volume is about 15 times.
4. The price volatility is also extremely low. Figure 4 Bitcoin, the market since mid -August, data based on data.According to data, the current price is $ 3.7 billion.And most of the traditional assets have suffered major losses: the active address and the number of transactions have increased. Figure 4, Bitcoin rose 4.1%in September Bitcoin Fed’s tightening policy and government bond yields may still find new balance.Value may start to rise.
5. They continue to provide investors with a certain degree of diversification.Bitcoin has plummeted to a large extent that it is not affected by traditional asset shrinkage, from the perspective of price.Once the macro background improves Bitcoin, other strong tokens are.
