Bitcoin surged on Wednesday, with the cryptocurrency rebounding amid another statement from Trump?

① Bitcoin and other cryptocurrencies surged rapidly on Wednesday evening, with the price of Bitcoin rising over 6% intraday, briefly surpassing $74,000; ② One reason for the improvement in market sentiment is that investors appear to have reduced their concerns about the U.S.-Israel-Iran conflict, combined with Trump's public endorsement of cryptocurrency legislation in the United States; ③ Analysts believe that the Bitcoin market may be poised for a reversal, with the worst period now behind it.

cls.cn13:54

Daily Crypto Market Moves | Cryptocurrencies surged during U.S. trading hours, with BTC briefly reaching $74,000; the U.S. SEC and CFTC advanced regulatory plans targeting the crypto industry and prediction markets; the crypto political action committee F

News on March 5th reported that the cryptocurrency market experienced volatile upward movement, with Bitcoin surpassing $72,000. As of press time, $Bitcoin(BTC.CC)$ fell by 0.36%, trading at $72,405.27; $Ethereum(ETH.CC)$ declined by 0.32%, quoted at $2,120.49.

PANews15:35

Express News | Major regulatory bodies on Wall Street are advancing plans to regulate cryptocurrencies and prediction markets.

Breakings09:13

Express News | Analyst: Institutional spot demand is the main support for Bitcoin's current rise.

Breakings08:49

Bitcoin surged past the $71,000 mark, triggering a broad-based rally across the cryptocurrency market.

The cryptocurrency market experienced a strong rebound on Wednesday, fully recovering the losses triggered by the escalation of conflict in the Middle East, demonstrating a trend independent of other pressured asset classes.

Zhitong FinanceMar 4 19:13

Express News | Trump: Due to Congress' delay in passing the market structure bill, the STABLECOIN GENIUS Act is under 'threat' from the banking sector.

BreakingsMar 4 19:02