Recently, the Bitcoin market experienced a significant adjustment. After breaking through the 120,000 USD mark, this globally recognized encryption currency failed to hold this high position, followed by large-scale profit-taking. Market analysts described this phenomenon as "the third major profit sell-off of this bull run."
According to on-chain analysis firm CryptoQuant, the realized profits of Bitcoin surged to a range of 6 to 8 billion dollars by the end of July, a level comparable to the local peaks in March and December 2024. It is worth noting that the main force behind this sell-off i

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#XIL# Altcoins are all slowly dumping, and when the market capitalization drops from tens of millions or millions to below thirty thousand, they directly head for delisting.

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The Hong Kong financial market has welcomed a significant development. Recently, the regulatory authority approved the upgrade of the physical subscription and redemption mechanism for digital asset ETFs, a decision that will bring more convenience to investors. According to the latest news, investors can now directly use Crypto Assets to subscribe and redeem Bitcoin (BTC) or Ethereum (ETH) Spot ETFs through virtual asset accounts on specific platforms.
This initiative will undoubtedly promote the development of the digital asset market in Hong Kong, providing investors with a more flexible an

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