The global cryptocurrency market has ushered in a major breakthrough, and the price of Bitcoin has continued to rise, breaking through the high of $95,000, just one step away from the historic $100,000 mark. This round of gains was jointly driven by the Trump administration's trade policy and global risk aversion, attracting a large number of investors to enter the market. XBIT decentralized exchange platform data shows that as the market heats up, the user activity and trading volume of dex exchange apps have reached new highsBitcoin fluctuates at a high level, and XBIT decentralized exchange platform analyzes the rising momentumAccording to the latest market data, the price of Bitcoin fluctuates around $95,000, which has risen by more than 15% from the beginning of the month. The XBIT decentralized exchange platform research team pointed out that the current rising momentum mainly comes from three aspects: first, the global market fluctuations caused by the Trump administration's trade policy; second, the continued increase in institutional investors; and third, the changes in market expectations for the Fed's policy."Our platform has monitored that the open positions of Bitcoin futures contracts on the entire network have reached 63.24 billion US dollars, a record high," said XBIT's chief analyst. "This shows that institutional funds are entering the market on a large scale, providing strong support for Bitcoin." At the same time, Bitcoin has become a mainstream safe-haven asset alongside gold, and the price of gold has also exceeded $3,390, both of which have set a record high.For investors who pursue an efficient trading experience, professional dex exchange apps have become the preferred tool. Data from the XBIT platform shows that the download volume of dex exchange apps has increased by 78% in the past week, and the number of new user registrations has increased by 92% year-on-year.
The SEC's regulatory attitude has changed, injecting new vitality into the crypto marketThe global regulatory environment is also undergoing positive changes. Paul Atkins, chairman of the US SEC, admitted at a recent roundtable meeting of the Cryptocurrency Working Group that past regulatory uncertainty has "stifled crypto innovation" and expressed his commitment to providing clear regulatory rules for the industry. More symbolically, the SEC has officially withdrawn its long-standing lawsuit against Ripple, which is seen as an important signal that the regulatory environment has turned friendly.The compliance team of the XBIT decentralized exchange platform believes that this shift will greatly promote the development of the crypto market. "As the regulation becomes clearer, we expect more institutional participants to enter the market, especially traditional financial institutions will significantly increase their acceptance of dex exchange apps." said the legal director of XBIT.At the same time, the U.S. Department of Justice also adjusted its cryptocurrency enforcement strategy and disbanded the National Cryptocurrency Enforcement Team, which further shows that regulators are taking a more balanced approach to this emerging industry. XBIT data shows that on the day the regulatory news was announced, the platform's trading volume increased by 43% month-on-monthXBIT platform features: a safe and reliable digital asset trading hubAgainst the backdrop of the continued warming of the market, XBIT has become one of the preferred dex exchange apps for investors with its unique technical advantages. XBIT uses advanced on-chain security technology to ensure that user assets are fully self-managed and self-controlled, effectively avoiding various risks of centralized platforms.At the same time, the XBIT platform also implements multi-chain trading functions, supporting efficient trading and conversion of mainstream public chain assets including Bitcoin, Ethereum, and XRP. Innovative liquidity aggregation technology provides users with a deep trading pool and lower slippage, greatly improving trading efficiency.It is worth mentioning that as institutional investors become more interested in crypto assets, XBIT has launched professional market analysis tools to help users grasp the pulse of the market. XBIT expects that as the price of Bitcoin continues to rise, the application scenarios of dex exchange apps will be further expanded, and the user scale is expected to break new highs.
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