Edge Matrix Chain completed a new round of funding on 2024-02-02.

#EMC#

#EMC#

In July, the inflow of funds is reversing the decline of the past two months, coupled with factors such as the US interest rate cut and the election, BTC has once again entered a strong channel.

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This week, Bitcoin experienced a slight rebound, with a Closing Price of 82562.57 USD, rising by 2.31%. The US CPI data was slightly below expectations, easing market sentiment, but there remains uncertainty regarding inflation and the economic outlook. The inflow of funds into the crypto market has significantly decreased, putting pressure on short-term investors, while long-term holders are increasing their Bitcoin holdings, indicating signs of market differentiation. Overall, the market adjustment has not ended, and there may still be downward risks in the short term.