# 超百家公司持有超83万枚比特币

#PI #超百家公司持有超83万枚比特币 #VIP专属余币宝定期理财 #Gate最新储备金104.53亿美元创安全新标杆
Pi coin is finished, Nicolas is finished.

#超百家公司持有超83万枚比特币 This should be good news, but it doesn't have much to do with us suckers. In the previous cycles, it was basically retail investors who were bullish, although a few institutions participated, the market makers were still the retail investors. Their operating logic is also very simple: first they pump Bitcoin, and then they cash out crazily on the alts, making a nice exit, and then we enter a bear market that lasts for years. But this time is clearly different, Bitcoin's price has reached a new high, and with the influx of institutional funds, many retail investors are afraid

6.20 Friday
Good afternoon, everyone!
The market continues to maintain a range-bound fluctuation, seemingly waiting for capital to enter before a new direction emerges. Additionally, various news factors introduce uncertainties. As the saying goes, we should avoid making moves in and out of the warehouse; as small retail investors, we should try not to act as fuel for the big players.
Bitcoin is currently experiencing a high-level pullback, with the initial target for a retracement looking at the area around 1040-1035. If this level is broken, then the next targets would be around 1025-1015. I

#超百家公司持有超83万枚比特币 Behind the collective Coin Hoarding of enterprises is the reconstruction of three underlying logics:
Resisting fiat currency depreciation
Global inflation is high, with central banks in the US, Japan, and other countries excessively issuing currency. The fixed supply of 21 million bitcoins has become a "scarcity belief." Companies are hoarding coins to hedge against the shrinking of cash assets, even incorporating them into their balance sheets (as allowed by US accounting standards). The self-reinforcing wave of institutionalization.
Traditional financial giants such as Fide

Market trend on June 20
1) Market Trend
BTC is down, and altcoins are generally falling. Strong coins are starting to correct, and the overall market adjustment has entered the second half.
U.S. stock futures fell, and oil prices surged. The U.S. may intervene in the Middle East war.
2) Market Hotspots:
1. Sahara AI on OK has significantly exceeded its fundraising target with a valuation of $600 million. Sahara is an AI data infrastructure developed by a Chinese team, with initial funding of $43 million.
2. The on-chain contract platform hype has declined, and strong coins have begun to correc

In 2024, Circle's revenue is approximately 1.7 billion USD, of which 99% comes from the interest rate earnings on USDC reserves. This stable income model, characterized by low fluctuation and high cash flow, aligns with the current high interest rate environment.