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The price of Bitcoin has once again broken through the 120,000 mark, and the Crypto Assets market has become the focus once again. Let's take a look at the main hot events this morning.
Five years ago today, Michael Saylor's company purchased Bitcoin for the first time at a price of $11,500. To date, they have accumulated a total of 628,791 Bitcoins, with an unrealized profit of an astonishing $28.4 billion. The success of this investment strategy has undoubtedly set an example for institutional investors entering the Crypto Assets market.
At the same time, Eric Trump is optimistic about the future value of Bitcoin, believing that just 0.1 Bitcoin will be worth a fortune in the future. This statement reflects the confidence of some investors in the long-term appreciation potential of Bitcoin.
In terms of regulation, the Salvadoran government has approved a dedicated Bitcoin bank for qualified investors. This initiative not only further solidifies the country’s position as a Bitcoin-friendly nation but also provides new ideas for other countries in the regulation of Crypto Assets.
The price trend of Bitcoin has always been the focus of market attention. Currently, the spot price of the BTC/USDT trading pair has once again broken through the $120,000 barrier, demonstrating strong upward momentum.
With the continuous rise in Bitcoin prices, we can't help but ask: does this signify the arrival of a new bull market in the Crypto Assets market? Or is this just a short-term price fluctuation? Either way, investors should remain rational, closely monitor market trends, and manage risks appropriately.