Recently, the four major positive factors in the market

1. Market risk appetite has returned: People are no longer holding gold and USD as safe havens, money is flowing into US stocks and the crypto market, Bitcoin and altcoins are rising together;

2. The Federal Reserve is about to cut interest rates: US inflation has stabilized, the market is confident that rates will be cut in June, lowering interest rates is a super positive for non-interest-bearing cryptocurrencies;

3. On-chain funds are sufficient: USDT printed over 8 billion more in April, the total market cap of stablecoins has exceeded 180 billion, the crypto circle has ample bullets, whenever it dips, there are buyers, pushing the market up without pressure;

4. Institutions are rushing in: Bitcoin and altcoins are experiencing daily net inflows, Grayscale's negative premium has narrowed, large funds are flowing into spot Bitcoin, altcoins are surging, supporting the price to go higher.
#加密市场回升 $BTC $ETH