The crypto assets market is once again experiencing an exciting moment. Bitcoin has surged with incredible momentum, breaking through previous highs, with prices approaching the $120,000 mark. This rise has left many investors ecstatic, especially those traders who bought the dip last week, as they are now preparing to take profits and enjoy substantial returns.
Although Ethereum has not shown such a strong rebound, it has successfully broken through several key resistance levels. Analysts still believe that $3800 may be an important support level.
Meanwhile, macroeconomic data has also drawn the market's attention. The latest non-farm payroll figures show an unexpected contraction in the job market, recording a data of -32,000, far below market expectations. This data may impact the overall economic outlook.
In terms of institutional investment, Metaplanet has emerged as a dark horse, with its Bitcoin holdings surpassing those of Bitcoin Standard Treasury, making it the fourth largest publicly traded company holding Bitcoin globally. This move highlights the continued confidence of institutional investors in Bitcoin.
Another noteworthy piece of news is that Nasdaq-listed company VisionSys has announced an ambitious investment plan for Solana. The company plans to invest up to $2 billion in purchasing SOL tokens, with an initial investment of $500 million. This move will undoubtedly inject strong momentum into the Solana ecosystem.
As market sentiment rises, investors are closely monitoring the price trends of Bitcoin and Solana. These developments not only reflect the vitality of the Crypto Assets market but also demonstrate the increasing importance that traditional financial institutions place on blockchain assets. However, in the face of such intense market fluctuations, investors still need to remain vigilant and make prudent decisions.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The crypto assets market is once again experiencing an exciting moment. Bitcoin has surged with incredible momentum, breaking through previous highs, with prices approaching the $120,000 mark. This rise has left many investors ecstatic, especially those traders who bought the dip last week, as they are now preparing to take profits and enjoy substantial returns.
Although Ethereum has not shown such a strong rebound, it has successfully broken through several key resistance levels. Analysts still believe that $3800 may be an important support level.
Meanwhile, macroeconomic data has also drawn the market's attention. The latest non-farm payroll figures show an unexpected contraction in the job market, recording a data of -32,000, far below market expectations. This data may impact the overall economic outlook.
In terms of institutional investment, Metaplanet has emerged as a dark horse, with its Bitcoin holdings surpassing those of Bitcoin Standard Treasury, making it the fourth largest publicly traded company holding Bitcoin globally. This move highlights the continued confidence of institutional investors in Bitcoin.
Another noteworthy piece of news is that Nasdaq-listed company VisionSys has announced an ambitious investment plan for Solana. The company plans to invest up to $2 billion in purchasing SOL tokens, with an initial investment of $500 million. This move will undoubtedly inject strong momentum into the Solana ecosystem.
As market sentiment rises, investors are closely monitoring the price trends of Bitcoin and Solana. These developments not only reflect the vitality of the Crypto Assets market but also demonstrate the increasing importance that traditional financial institutions place on blockchain assets. However, in the face of such intense market fluctuations, investors still need to remain vigilant and make prudent decisions.