Matrixport, the crypto company of famous Chinese billionaire Jihan Wu, revealed that the majority of Bitcoin (BTC)’s rises since the beginning of the year occurred during US trading hours.
A recent analysis by Matrixport has revealed one of the key factors behind Bitcoin’s rise. In the analysis, Bitcoin’s since March 10 44% rises and this 31% of the increase is in the hour when the US stock markets are open. marked to occur. Matrixport, specifically US banking crisis users with their assets. to buy bitcoin stressed that he directed
On the other hand, when the rise in Bitcoin since the beginning of the year is examined, a similar picture has drawn attention. From January 2023 to present approx. 66%‘ness rising performance exhibiting Bitcoin, this rise 47%part of During US trading hours made. Bitcoin vs. 16% during Asian trading hours on the rise During European trading hours if only 3%saw an increase.
Matrixport Research and Strategy Manager Markus Thielen In his statement on the subject, he made the following statements:
Since the drop on March 10, Bitcoin has risen 44%. 31% of the rally took place during US trading hours, which can be interpreted as an indication that Americans are buying bitcoin with both hands.
