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Details: ht
The British weekly "Economist" wrote an article "What will happen after the Bitcoin surge", which points out that Bitcoin is not rising in isolation: every asset is rising, stock markets around the world are near record highs, and so is the price of gold, and Bitcoin is performing better than most assets. Regulator U.S. Securities and Exchange Commission approves the creation of Bitcoin exchange-traded funds (ETFs) to make it easier for ordinary investors to buy the cryptocurrency, and Bitcoin has been around for 14 years, and its self-certification and simple mechanism for verifying supply growth have never been compromised by hackers, meaning that this token will not disappear. With the establishment of ETFs, it is now clear that Bitcoin has become an investment asset. The creation of the Bitcoin ETF may have sparked a frenzied and staggering rally, but it is a harbinger of slower and more stable price movements in the future.