MARKET

The market today is really bad
It is still unclear what is behind the latest price fluctuations of BTC, so many people "joke" that the reason may be because Jim Cramer, a financial analyst who often makes "back bets". During his broadcast on January 2 (US time), Mr. Cramer praised Bitcoin's recovery in recent times and called this currency a "technological wonder".
This is the second major correction of the crypto field within a month. On November 12 today, Bitcoin also lightened from 42,600 USD to 40,400 USD, creating more than half a billion USD liquidated. The correction on January 3, 2024 took place right when the world's largest cryptocurrency celebrated its 15th anniversary, a spear that should have left a good impression.In addition, the community also circulated a post by The Block, reporting that the Matrixport investment fund predicted that the SEC would reject Bitcoin ETFs, causing the BTC price to adjust to the range of 36-38,000 USD.