$BTC After the release of the news, the US stock market began to rebound. The Nasdaq, which had fallen 1.6%, has now only fallen 0.2% and has recovered quite a bit. The price of WTI crude oil also dropped from $120 to the current $93. This price is not much different from the closing price on Friday, so the rise in Bitcoin's price is not without reason or investor shift, but rather a reaction to the G7. Of course, if the G7 does not plan to release or delays the release, it will still lead to a decline in market sentiment.

Looking at Bitcoin data, today's trading volume is still not very strong. Although the price has slightly increased, buying power has not risen significantly. The turnover rate is not much different from a normal Monday. Investors' sentiment has not worsened due to the price increase, and most of the turnover is from short-term investors.
In terms of chip structure, it remains very stable. Although the price is weak and buying power is low, more investors are not panicking. Most investors are choosing to become long-term holders.
Additionally, today officially mined the 20 millionth $BTC. There are not many left now, and we hope BTC can truly demonstrate its safe-haven properties.