The blockchain sector has once again attracted global attention. Recently, the price of Bitcoin has strongly broken through $123,000, setting a new historical high. This breakthrough rise is mainly due to the increasing recognition of encryption assets by institutional investors and the general expectation in the market for loose monetary policy. Meanwhile, the interest of the business community in Bitcoin has also shown a continuously expanding trend, further driving up its price.



Besides Bitcoin, Ethereum, as the second largest cryptocurrency, has also performed well. Its price is nearing historical highs, breaking the $4,600 mark. Notably, according to predictive data from Polymarket, Ethereum has a 65% chance of breaking $5,000 within this month. This prediction has further sparked investor enthusiasm.

However, we also need to be wary of the high volatility in the cryptocurrency market. Although the current market sentiment is optimistic, investors should remain cautious and implement risk management. As cryptocurrencies gradually become mainstream financial assets, their future development may be influenced by more regulatory policies. In the future, the direction of the cryptocurrency market will depend on the combined effects of multiple factors such as the global economic situation, regulatory environment, and technological innovation.
BTC1.8%
ETH4.87%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
RugPullProphetvip
· 08-17 01:10
Wealth can be gained or lost in an instant.
View OriginalReply0
GhostInTheChainvip
· 08-16 22:25
To da moon again fam
View OriginalReply0
HalfBuddhaMoneyvip
· 08-16 05:41
Bull beer, once you enter a position, don't get out of positions.
View OriginalReply0
JustHereForMemesvip
· 08-15 04:04
Suckers are starting to celebrate again...
View OriginalReply0
GasWhisperervip
· 08-14 01:50
mempool patterns suggest a perfect storm brewing... 65% eth probability feels conservative tbh
Reply0
WalletInspectorvip
· 08-14 01:50
Why do I always enter a position at the top?
View OriginalReply0
PerennialLeekvip
· 08-14 01:48
Suckers are just suckers, they will grow back after being played for suckers.
View OriginalReply0
BearMarketGardenervip
· 08-14 01:45
If I had known it would big pump, I would have bought the dip a few days ago.
View OriginalReply0
TxFailedvip
· 08-14 01:40
lmao who else got rekt trying to long the top... again
Reply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)