name brand jewelry wholesale Bitcoin fell 26%on the tenth day. What was the reason for Bitcoin to plummet?

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2 thoughts on “name brand jewelry wholesale Bitcoin fell 26%on the tenth day. What was the reason for Bitcoin to plummet?”

  1. Forrest

    costume fashion jewelry wholesale Judging from the cause of the plunge, Jiang Zhaosheng, a research director of the blockchain of Zero Yizhi and a researcher at the Digital Assets Research Institute, told the Beijing Business Daily that Bitcoin has recently plunge mainly due to external factors. First of all, the sovereign state represented by the United States, China and South Korea It is strengthening the tax and supervision of the cryptocurrency industry, causing investors' emotional panic to a certain extent;
    Secondly, the global economy is gradually recovering, the amount of hedging funds in the traditional capital market decreases, the increase in incremental funds in the Bitcoin market The rise, which was reduced by institutional investors earlier, was fading.
    Li Quan, a professor of financial science at Nankai University, Federal Securities Director and Chief Economist, believes that the valuation of Bitcoin still lacks sufficient evidence, and the rise and downs are still normal. Avoid, and when the market transaction demand is strong, its high price is also normal, and it may continue to fluctuate sharply in the future.
    Before the fall of Bitcoin, the positions of various institutions have also been adjusted. According to the latest period of CME Bitcoin Futures Weekly (April 14th to April 20), the latest period of CME Bitcoin Futures Weekly announced by CFTC (April 14th to April 20) ) The number dropped sharply from 9,653 to 8,817.
    The analysis said that the value has dropped significantly under the background of the rapid decline in the market, which has set a new low in nearly 6 weeks, indicating that the market has reacted the "emergency" response to this rapid decline in the first time.
    C supervision continuous voice prompts new risks
    Ally, while the price of encrypted assets such as Bitcoin, the supervision also sounded successively, prompting new financial risks derived from Bitcoin and blockchain.
    . On April 23, at the "capital chain" working conference held by the central bank's cross -border gambling gambling, Fan Yifei proposed that key issues such as "running platforms", e -commerce platforms involved in gambling, and virtual currencies using virtual currencies , Blockchain technology to avoid new methods and new problems such as traceability, and we must strengthen risk prevention and disposal targeted.
    The above content refers to Phoenix.com -Bitcoin collapse twice on the 10th! In the past 24 hours, over 140,000 people have burst out, and 5.4 billion funds are fascinated. Why?

  2. Shirley

    acha direct wholesale body jewelry The value storage of Bitcoin is the middle and long term. The current rising Bitcoin has been completely anti -positive feedback. Without the support of these medium and long -term functions, the price increase itself can support the rise in price. This is a self -loop positive feedback, constantly attracting external funds.

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