Summary
- Matrixport reported that the environment for Bitcoin and the virtual asset market has greatly improved.
- It stated that the dovish stance of the U.S. Fed and the easing of tariff policies by President Trump had a positive impact.
- It reported that the selling pressure from arbitrage funds is easing.
An analysis has emerged stating that the environment for Bitcoin (BTC) and the virtual asset (cryptocurrency) market has greatly improved.
On the 23rd (local time), Matrixport stated on X, "The recent catalysts in the market are not enough to predict Bitcoin's all-time high breakthrough," but added, "The environment facing the Bitcoin and virtual asset market has noticeably improved."
Matrixport mentioned that the dovish stance of the U.S. Federal Reserve (Fed) and the hint of tariff policy easing by President Donald Trump had a positive impact, stating, "The selling pressure from arbitrage funds is also easing."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
