The price of Bitcoin has recently hit a new high, reaching $89982.93 per coin, approaching the $90000 mark.
This historic breakthrough not only made investors' hearts race, but also brought huge market fluctuations. In the past 24 hours, due to drastic price fluctuations, 166000 people have been liquidated, with a total liquidation amount of up to 651 million US dollars.
Market volatility: Despite the rapid rise of Bitcoin, short-term fluctuations still exist, and investors face risks that cannot be ignored.
Investment risk warning: Industry insiders suggest that ordinary investors evaluate their risk tolerance reasonably and avoid blindly following the trend.
Market sentiment: Due to factors such as Trump's election as the President of the United States and expectations of interest rate cuts by the Federal Reserve, there is still room for Bitcoin to rise in the future.
With the way BTC is going, I will not actually be surprised to see it performing at a very high level before this year ends. We are very close to the bull run and this is already started.
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The recent price growth on Bitcoin has been awesome and I am glad to see that how things have taken speed and I look forward to see it even more.
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