Cryptocurrency investment frenzy sweeps over the US stock market! Bitcoin and Ethereum ETFs see record-high inflows.
Since Trump won the presidential election, the market cap of cryptos has increased by over 1 trillion dollars; market participants generally expect US regulatory institutions to shift towards a more friendly stance.
Long-term bitcoin holders have become net sellers. Has bitcoin reached its peak?
As the price of bitcoin (BTC) approaches the $0.1 million threshold, it is set to reach a historic milestone. This significant price increase has sparked optimism among investors, confirming bitcoin's dominant position in the cryptos market.
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On Friday, the first in trading volume among US stocks, nvidia, rose 2.15%, with a transaction of 19.475 billion USD. The German government plans to provide about 2 billion euros in new subsidies to the chip industry, with the new funding to be given to chip companies, covering 10 to 15 projects including the production of raw wafers and microchip assembly. Earlier, the south korea government announced that it would urgently invest over 14 trillion won (approximately 10 billion USD) in policy financing to respond to the uncertainties from the new US government and the increasingly fierce competition in the chip industry. The second ranked stock, tesla, rose 3.69%, with a transaction of 12.46 billion USD. Tesla's vice president.
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