The largest banks in the UK complete the world’s first interbank transactions using encrypted deposits, $BTC how did they react?
According to CoinDesk, the market is abuzz after news that the UK’s biggest banks have completed the world’s first interbank transactions using encrypted deposits. This is seen as an important move that could directly affect the holding sentiment for $BTC in the short term.
The reaction of $BTC
Short-term uncertainty in sentiment: The new information makes investors more cautious. Speculative inflows into $BTC may stall over the next 24 hours, leading to sideways movement or a slight correction due to profit-taking pressure.
No major panic: This is not sudden, negative news that shocks the entire market. For those closely following the BTC ecosystem, this is a step within the development roadmap, so it does not create a strong wave of mass selling.
Long-term trend depends on the macro: In the long run, the price of $BTC will still rely on key factors such as on-chain activity, ETF inflows, TVL, and the overall sentiment of the crypto market. If the ecosystem continues to expand, prospects remain positive.
Do you think $BTC will soar strongly after this news? 👇
#Binancenews #xuhuong #CryptoNews
According to CoinDesk, the market is abuzz after news that the UK’s biggest banks have completed the world’s first interbank transactions using encrypted deposits. This is seen as an important move that could directly affect the holding sentiment for $BTC in the short term.
The reaction of $BTC
Short-term uncertainty in sentiment: The new information makes investors more cautious. Speculative inflows into $BTC may stall over the next 24 hours, leading to sideways movement or a slight correction due to profit-taking pressure.
No major panic: This is not sudden, negative news that shocks the entire market. For those closely following the BTC ecosystem, this is a step within the development roadmap, so it does not create a strong wave of mass selling.
Long-term trend depends on the macro: In the long run, the price of $BTC will still rely on key factors such as on-chain activity, ETF inflows, TVL, and the overall sentiment of the crypto market. If the ecosystem continues to expand, prospects remain positive.
Do you think $BTC will soar strongly after this news? 👇
#Binancenews #xuhuong #CryptoNews