The biggest crypto currency Bitcoin (BTC) $107,521.22after the sales pressure overshadowed last week on Monday, June 9 at 110 thousand 260 dollars in the summit and won more than 4 percent in the last 24 hours. Thus, the largest crypto currency, which is only 2 percent away from the highest level of all time, Ethereum 
$2,541.90He also accelerated the recovery throughout the market, led by ETH (ETH). Total open positions in the term transactions increased by 6 percent to $ 154.8 billion, while over $ 445 million leveraged positions have been liquidated. 204 million dollars of this came from positions in Bitcoin. Analysts emphasize that three basic dynamics stand out behind the price splash. These are the decrease in regulatory uncertainty, the continuation of institutional demand and the increase in liquidity.
Strong wind from regulatory clarity
President of the US Securities and Stock Exchange Commission (SEC) Paul Atkinsre -emphasized the importance of crypto currencies and open rules on defi protocols. This message of the regulator strengthened the perception that the prohibit approach is lagging behind ”in the markets.
The positive tone for crypto currencies in Washington was not limited to the US borders. Considering that global regulators often follow the US line, the optimistic air makes it easier for large funds to enter the market. Thus, the risk appetite increases in an environment where uncertainty decreases and Bitcoin and crypto currencyThe demand for the lara remains fresh.
Corporate demand reduces the supply in stock exchanges
The rapid growth in Spot Bitcoin ETFs causes the supply to withdraw from the stock markets rapidly. These investment instruments, which reached a record of exceeding assets exceeding $ 70 billion, opened the door to the mainstream passage of corporate capital.
Especially under the leadership of Strategy, dozens of companies adopted and adopted Bitcoin as a treasure existence under cash management. The decrease in the BTC stock in the stock exchanges creates upward pressure on the price. It is noteworthy that the demand is increasing in a wide base while narrowing the supply.
Macroeconomic uncertainty increases liquidity
The historical debt levels and short -term uncertainties of the US economy prepare the ground for global liquidity to shift to risk assets. Bitcoin accompanies this trend with the discourse of “digital safe port”, while the “gold intersection of 50 and 200 -day moving averages on the technical side supports the rise in the price.
The increase in liquidity also accelerates investors’ search for protection. Goldin pause, stocksBitcoin’s leap in a short time in a short time in the environment in which the direction of the market has refreshed the market’s perception of “high risk-high return”.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
