Phyrex
Phyrex|May 12, 2026 21:07
On Monday, the price of BTC remained stable around $80000, and there was very little change in the investors of spot ETFs, which is consistent with what we said yesterday. Firstly, Bitcoin is essentially unchanged, and the main factor that changes the price is the selling of short-term investors. What can reduce or increase the selling of short-term investors is the macro and economic situation in the United States. There was no change on Monday, so it is normal for traditional investors to have little change. Many people may say that it's not that Bitcoin and the US stock market have a strong correlation, but why do the US stock market keep rising while BTC rises poorly? In fact, I made a comparison last Friday. From the lowest point of the risk market caused by the war between Iran and the US, the US stock market and Bitcoin are almost at the same time. However, since the lowest point, BTC has only slightly fallen below the Nasdaq and even exceeded the S&P 500. So essentially, this round of Bitcoin's rebound is already quite good. Bitget is here, VIP! Crypto、 US shares CFD, Global Advantage One Stop Layout
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