The price of virtual currency fluctuates greatly
After the end of February, on March 11, bitcoin reached a high of US $57000 again . At about 3 a.m. on March 11, the price of bitcoin surged to more than US $57000, up to US $57200, the highest in nearly two weeks, according to coinmarketcap
However, the price of bitcoin continued to decline. As of press time, the latest price was $55296, up 3.13% in 24 hours, with a market value of $1 trillionpreviously, at the end of February this year, the price of bitcoin broke through 57000 US dollars, once a record high, and even the price of indivial trading platforms has jumped to more than 58000 US dollars. However, in the following days, the price suffered a big plunge, falling to US $43000 at one time
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reasons for the recent rise of bitcoin:
"this round of bitcoin bull market is the proct of high inflation expectations. Some time ago, when the yield of 10-year U.S. Treasury bonds rose rapidly, the market believed that the monetary policy of the Federal Reserve would change faster than expected. It was predicted that the Federal Reserve would rece the purchase of bonds in advance, and even increase the interest rate earlier. In this context, bitcoin has plummeted. " The chief researcher of Ouyi okex Research Institute told the reporter of Securities Daily
"the recent rise of bitcoin is e to the fact that the market has stepped out of the haze of the previous period and the rising expectation of medium and long-term inflation." The above-mentioned researchers believe that it is mainly based on the following factors:
on the one hand, the Fed's statement on the yield of 10-year Treasury bonds has dispelled the market's concern about the change of monetary policy, and the market's inflation expectations have been revised
on the other hand, through the US $1.9 trillion economic rescue plan, this economic stimulus plan will stimulate the growth of social demand, push up commodity prices, and raise global inflation expectations for a period of time
in recent years, especially this year. The main reason for the frequent hot searches on the related news of the currency circle is that there are a large number of people participating in currency speculation or mining, and the whole market is particularly crazy. because the market is too crazy, many people have lost their sense of investment, so there are often large fluctuations in investment. Another important reason is that the whole currency circle is not regulated by some departments, The market without regulation will be more irrational
because some news or one person's words can cause the virtual currency market to rise or fall sharply , it is actually a very unhealthy investment environment. In fact, it is a very bad information that one person can control the rise and fall of the market. For the whole investment market, a really healthy market should be graal, Moreover, the price of the subject matter fluctuates in a small range, not in a big rise and fall type. The subject matter of the big rise and fall type is the subject matter of cutting leeks, and even can return all your property to zero. Therefore, it is not recommended that you rush in irrationally
Therefore, the main reason for the great fluctuation of investment in the whole currency circle is that there is no supervision. In addition, some people who hold more currency can influence the market. Many people in the market are irrationalbecause the currency circle is a kind of venture capital, in other words, it is the gathering place of speculators
for those who like to invest in virtual currency, they may overemphasize the potential return brought by virtual currency, but ignore the risk brought by investment. We need to know that the risk of the stock is already great, and the risk of the virtual money market is greater than that of the stock, and it may even appear the possibility of doubling and clearing in a few minutes
let me talk about the current market of bitcoin and Shib
we can understand bitcoin as the boss of virtual currency, and Shib as the counterfeit version of dogcoin. When musk announced that Tesla would no longer accept bitcoin payment, the entire virtual currency market was greatly affected, and almost all virtual currencies had a sharp decline. Bitcoin even plummeted by more than 11% at one time, and many investors suddenly burst their positions and lost their money. For Shib, it has soared about 30 times a few days ago and is still in the process of correction{ RRRRR}
For the whole bitcoin market at present, many speculators have joined the market, so the investment value of the whole bitcoin is almost lost. Most investors come to speculate in the bitcoin market. Therefore, for the whole bitcoin market at present, it has become a gambling playground for speculators{ RRRRR}
and for some institutional investors, they make the price of bitcoin fluctuate greatly through various financial means. For them, they get wave after wave of profits from the whole price fluctuation of bitcoin, so for most of the investors at present, He doesn't have enough money to compete with these institutional investors, so for them, the whole process of bitcoin fluctuations will make their overall profits all lost
For these digital currencies, the overall price rise is closely related to the overall international economic situation and the control of bitcoin by various countries{ RRRRR}
and for the current bitcoin market, many speculators have entered the market. Some large capital institutions will make on-site speculation on bitcoin in various ways. When a large number of funds enter the bitcoin market, it will push up the price of the whole bitcoin, but when part of the funds withdraw, It will make the price of bitcoin drop sharply