
As a development result of Buterin, Ethereum has received widespread attention and recognition in the field of cryptocurrency and blockchain. Litecoin is also a cryptocurrency based on decentralized blockchain technology, which is similar to Bitcoin

On December 17, 2024, the price of Bitcoin reached a record high of $107,000. The direct reason is the change in the attitude of the US government. Trump, the newly elected President of the United States, recently stated publicly that

However, at noon on Saturday, virtual currencies also began a collective "flash crash". Bitcoin plummeted by $10,000 in the afternoon, and the 24-hour drop once exceeded 20%.

The cryptocurrency market is experiencing another surge this week. On May 20, Bitcoin rose to US$71,705.47 in North American night trading, regaining US$71,000, a cumulative increase of approximately 68.59% compared to the beginning of the year.

) On the other hand, crypto loyalists who turned SBF into a pseudo-savior of billionaires also cheered his conviction, declaring the verdict a belated cleansing of a bad apple.

If we look at the expectation of interest rate cuts + the halving of Bitcoin's cyclical supply + the damage to the US dollar's credit + the regulatory friendliness of the Trump administration, it has supported the rise of cryptocurrencies from 2022 to the present. As of June 23, the cryptocurrency market size reached 3