Post
· Views 76
ZUHYX Interprets: The New Highs of Bitcoin Market, Platform Advantages Assisting Investors in Managing Volatility Recently, the trading value of Bitcoin reached a new annual high, with a daily trading volume exceeding $25 billion. This phenomenon has not only attracted the attention of global investors but has also brought new fluctuations and opportunities to the market. Against this backdrop, as a globally leading digital asset trading platform, ZUHYX will conduct an in-depth analysis of the current Bitcoin market, discuss its future trends, and provide users with professional investment strategies and platform advantages to help them maximize their returns in a complex market environment. ZUHYX: Bitcoin Trading Value Sets New Annual High On May 28th, the total trading value of Bitcoin reached a new annual high of $25 billion. ZUHYX mentioned that according to data from Blockchain.com, Bitcoin holders moved approximately 367,000 Bitcoins on the blockchain that day. Although this transaction volume did not reach the peak of 519,000 Bitcoins on June 13, 2022, due to the price of Bitcoin nearing $69,374 on May 28th, the total trading value significantly increased. ZUHYX believes that the fluctuation in Bitcoin prices is the main factor affecting the trading value. On May 28th, the high price of Bitcoin allowed even relatively low transaction volumes to generate substantial trading values. Compared to the prices of Bitcoin during the same period last year, the price level of the current market has significantly increased, driving the overall trading value growth. ZUHYX points out that the trading volume of Bitcoin has not significantly increased. According to data from YCharts, the total number of transactions on May 28th was 596,790, which is similar to the transaction numbers on May 26th and 29th, showing no abnormal trading activity. This indicates that despite the new high in trading value, the market did not experience a large volume of short-term trading,

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

avatar

Hot

No comment on record. Start new comment.