Data first: $BTC (24h +0.92%)
News: Ministry of Commerce: Improve the application of blockchain and other new technologies to promote development across the entire commerce and trade chain
Somewhat neutral. The real impact will take time to assess. Changes in trading volume and price need to go hand in hand to be meaningful. If the price moves but momentum doesn’t follow, that’s a reason to be cautious.
News: Ministry of Commerce: Improve the application of blockchain and other new technologies to promote development across the entire commerce and trade chain
Somewhat neutral. The real impact will take time to assess. Changes in trading volume and price need to go hand in hand to be meaningful. If the price moves but momentum doesn’t follow, that’s a reason to be cautious.