“Bitcoin VS Tokenized Gold”#BinanceBlockchainWeek #BTCvsGold Market participants summarized several main driving forces behind the rise of BTC: 1️⃣ The three major US stock indexes opened high, and the overall sentiment for risk assets strengthened, driving a simultaneous recovery in the crypto market. 2️⃣ Bitcoin spot ETFs have returned to net inflows, institutional funds are re-entering the market, and market confidence has clearly rebounded. 3️⃣ Some listed companies continue to increase their holdings of BTC, strengthening the “long-term bullish” signal from institutions. 4️⃣ Major US banks are providing wealth management clients with crypto asset allocation recommendations of 1%-4%, further loosening traditional financial attitudes. 5️⃣ Overseas companies are beginning to accept BTC payments, and the actual use cases for Bitcoin continue to expand. With multiple positive factors combining, and improved sentiment, Bitcoin is strengthening across the board. (The above is a summary of publicly available market information and does not constitute investment advice.)