After the A-share market has performed well, it's the turn of Bitcoin! Bitcoin is expected to have a small rebound today with a target of around 63,100.
Currently, Bitcoin has maintained a strong upward momentum after breaking through $62,000 and is approaching the key resistance level of $65,000. Despite the uncertainty of the global economy, Bitcoin has performed well this year and even attracted institutional investors such as Japanese investment company Metaplanet to increase their stakes. It is reported that Metaplanet purchased 108.78 bitcoins at an average price of about $63,600, with a total holding of nearly 640 bitcoins.
However, not everyone in the market is optimistic that Bitcoin will continue to rise in the short term. Data from CoinShares shows that digital asset investment products saw an outflow of $147 million last week as strong economic data reduced the possibility of a sharp interest rate cut in the future.
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