The crypto assets market is experiencing another wave of strong rise. On the morning of March 14, the price of Bitcoin broke through $124,457, setting a new recent high with an increase of 3.6%. At the same time, Ether also performed well, climbing to $4,780.04, reaching the highest level since the end of 2021.



The current rise is not coincidental; there are multiple factors driving it. Firstly, positive signals have emerged from U.S. policy. The market generally expects that the Federal Reserve may start lowering interest rates on September 17, although the extent may not be significant. Criticism from political figures regarding the Fed's current policy, as well as the Treasury Secretary's public call for interest rate cuts, have further reinforced the market's expectations for loose monetary policy. This expectation directly benefits risk assets, including Bitcoin.

Secondly, the continuous entry of institutional investors has provided strong support for Bitcoin prices. In particular, the launch of Bitcoin ETFs has significantly promoted capital inflows. According to statistics, the U.S. spot Bitcoin ETF has attracted a cumulative net inflow of $54.76 billion since its launch, with a single-day net inflow of up to $8.691 million on August 13. Currently, the total net assets of the U.S. spot Bitcoin ETF have reached $156.69 billion, accounting for about 13% of the global Bitcoin market value, indicating a strong interest from institutional investors in the Crypto Assets market.

Analysts predict that under the current favorable conditions, the price of Bitcoin is expected to continue to rise. By 2025, the price of Bitcoin may rise by about 32% again. However, investors still need to be cautious and closely monitor market changes and potential risks.
BTC-1.56%
ETH-1.84%
View Original
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.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
BrokenYieldvip
· 14h ago
retail fomo gonna end in tears... seen this movie before smh
Reply0
GasGuzzlervip
· 08-14 04:51
All in bull run charge charge charge
View OriginalReply0
LiquidatedTwicevip
· 08-14 04:50
Bull run party!! To da moon
View OriginalReply0
RugPullAlertBotvip
· 08-14 04:45
Oh no, there are institutions buying the dip. It's so scary.
View OriginalReply0
ForkItAllDayvip
· 08-14 04:35
retail investor is crying out
View OriginalReply0
ForkItAllvip
· 08-14 04:31
A new high has been broken again.
View OriginalReply0
HallucinationGrowervip
· 08-14 04:30
enter a position enter a position Charge charge charge
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)