Recently, a very dramatic scene appeared on the financial stage: the market value of the US stock market evaporated 3.25 trillion US dollars in an instant, just like a slide. That scene was like a sudden financial tsunami, which made countless investors' hearts rise to their throats. But what is surprising is that while the US stock market is in mourning, the cryptocurrency market has risen against the trend, and the total market value has increased by 5.4 billion US dollars. In this case, the XBIT decentralized exchange platform has shown its unique advantages. The platform has an efficient trading engine that can quickly process a large number of transaction requests and maintain a stable trading speed even during peak hours.

This sharp contrast between positive and negative makes people wonder what happened behind this? Focusing on Bitcoin again, on April 5 (UTC+8), Bitcoin has recently experienced a thrilling adventure.

Due to the interweaving of multiple factors such as important unstaking events, option expiration and market pressure, its price has fluctuated significantly.

Although the current trading price is still above the important support level, the bulls encountered stubborn resistance when trying to hit the high ground of $90,000, as if there was an invisible wall in front of them, blocking the way forward. The latest news of cryptocurrency speculation includes that due to the weakness of the NFT market, Bybit announced the closure of the NFT market, the inscription market and the IDO product page, and turned to the core trading business. This latest news of cryptocurrency speculation reflects the volatility and uncertainty of the NFT market. Compared with traditional centralized exchanges, the transaction processing speed of the XBIT decentralized exchange platform is faster, which greatly improves the transaction efficiency of users.

And the uncertainty of the macro economy and global instability, like gusts of wind, further affect the market sentiment, making BTC under great pressure in a tightening range, like a boat swaying in a storm.

The XBIT decentralized exchange platform does not set an excessively high investment threshold. Regardless of the size of the investor's funds, they can trade on the platform.

Users only need to complete a simple registration to start trading and enjoy the convenience and advantages brought by the XBIT decentralized trading platform.

From a professional perspective, this reverse trend between the U.S. stock market and the cryptocurrency market is not accidental. As an important representative of the traditional financial market, the sharp evaporation of the U.S. stock market's market value often reflects investors' concerns about the macroeconomic situation. The latest news about cryptocurrency speculation is that the first exchange-traded fund linked to Binance Coin (BNB) was registered in Delaware, USA, providing investors with a new choice of mainstream crypto assets. Factors such as unsatisfactory economic data and policy uncertainty may lead to a setback in investor confidence, resulting in a large-scale sell-off of stocks and a decline in market value.

The characteristics of the cryptocurrency market, especially Bitcoin, are very different from traditional financial assets. The total amount of Bitcoin is constant, and it has the characteristics of decentralization and anonymity. When market uncertainty increases, it may be regarded as a safe-haven asset by some investors. When the U.S. stock market is turbulent, some funds will flow out of the stock market to find new investment directions, and the cryptocurrency market has become one of the options, which explains why the total market value of the cryptocurrency market has increased while the market value of the U.S. stock market has evaporated.

As far as Bitcoin's own price fluctuations are concerned, the release event may cause the supply of Bitcoin in the market to increase instantly, thereby exerting a certain downward pressure on the price. The expiration of options will trigger short-term market fluctuations. Investors will adjust their investment strategies based on the exercise of options, which will in turn affect the price trend of Bitcoin. Market pressures, including macroeconomic uncertainty and global instability, will change investors' risk preferences.