The global cryptocurrency market has seen an astonishing rise today! According to the latest international financial reports, the price of Bitcoin broke through the $95,000 mark on May 6, up about 24% from the low of $74,000 in early April. This round of market conditions has led to a sharp increase in leveraged cryptocurrency trading volume. XBIT (dex Exchange) data shows that the platform's leveraged trading volume has increased by more than 40% compared to the same period last week.
Bitcoin breaks through $95,000, leveraged cryptocurrency trading attracts capital inflows
The international cryptocurrency market has another good news today. The price of Bitcoin continues to rise and is only one step away from the integer mark of 100,000 US dollars. According to Crypto.news today, Bitcoin has risen by 15% in the past 30 days, and market sentiment has obviously warmed up.
"Under the current market conditions, the demand for leveraged cryptocurrency trading has increased significantly," said the market director of XBIT (dex Exchange). "The number of leveraged trading orders on our platform has increased by 43% compared with last week, especially Bitcoin-related trading pairs are the most active."
Twitter : @XBITDEX
Ethereum Pectra upgrade is about to land, and XBIT platform transaction volume continues to rise
In addition to Bitcoin, Ethereum has also become the focus of the market today. According to CoinDesk today, Ethereum founder Vitalik Buterin released an important technical roadmap, planning to reduce network complexity. More concerned is that the Ethereum Pectra upgrade will be officially implemented tomorrow (May 7), which is expected to significantly improve network performance.
XBIT (dex Exchange) said that the platform has completed relevant technical preparations to ensure that users' transactions are not affected during the upgrade. Platform data shows that the volume of leveraged trading orders for Ethereum-related trading pairs has increased by 36% in the past 24 hours, reflecting investors' expectations for market performance before and after the upgrade.
Twitter : @XBITDEX
The US SEC announced a tokenization roundtable meeting, XBIT helps the market participate rationally
Another important international news today is that the U.S. Securities and Exchange Commission (SEC) announced that it will hold a tokenization roundtable. According to Crypto.news, SEC Commissioner Peirce said that this could "substantially change" the financial industry, which has attracted widespread attention in the market.
At the same time, Crypto.news also reported Trump's latest remarks on his cryptocurrency assets. He said "I haven't even looked at" the value of his cryptocurrency assets, which has caused heated discussions in the market. Cryptocurrency mining company Riot sold more bitcoins than it mined in April, and this trend has also become the focus of market attention.
XBIT (dex Exchange) believes that as supervision becomes clearer, advanced trading strategies such as leveraged cryptocurrency trading will develop in a more standardized environment. The transparent trading mechanism provided by XBIT helps users make more rational investment decisions in a complex and changing market environment.
Twitter : @XBITDEX
XBIT platform features: safe and reliable digital asset trading environment
In the context of the rapid development of the current cryptocurrency market, XBIT provides users with a safe and reliable trading environment with its decentralized architecture. The platform supports multi-chain asset transactions, and users can easily trade and convert mainstream crypto assets such as Bitcoin and Ethereum.
XBIT (dex Exchange) features enable users to maintain full control of their assets, effectively avoiding the risks of centralized platforms. As the demand for leveraged cryptocurrency trading grows, XBIT will continue to optimize platform functions and provide more professional and efficient trading services to global digital asset users.
