PANews
PANews|Jun 09, 2025 06:26
HashKey transaction timeThe hot trend of altcoins is shifting from Solana to BSC and Base, and analysts predict that BTC may break through $110000 this week Keywords: BASE, BSC, ETH, BTC The US May non farm payroll data released on Friday was slightly higher than expected, easing market concerns about an economic recession. The May CPI report, which will be released this Wednesday, will become the focus of market attention and may indicate whether the downward trend of inflation has stalled. In terms of industry regulation, local governments in China have begun to monetize seized encrypted assets through the Hong Kong Compliance Exchange. The Beijing Public Security Bureau has entrusted about 2000 bitcoins (worth over 220 million US dollars) to the Beijing Property Rights Exchange for liquidation, and sold them through HashKey Exchange in Hong Kong, making Hong Kong a compliance window for China to handle encrypted assets. The weekend market was relatively cold, with Bitcoin mainly fluctuating. Last week's closing price was at $105734, successfully rising above the 10 day simple moving average. In the altcoin market, making money on chain is becoming increasingly difficult, especially on the Solana chain, and many traders are turning to the Base or BSC chain. BTC Medium to Long Term Trend Channel: Along the Upper Line (106309.97 USD), Along the Lower Line (104204.83 USD) ETH Medium to Long Term Trend Channel: Along the Upper Line (2552.46 USD), Along the Lower Line (2501.92 USD) By @HashKeyExchange & @PANewsCN
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