Data show: BTC's 11-day plunge may be affected by Bitfinex, and the market value ratio remains stable and volatile.

According to TokenGazer data analysis, as of 17:00 on July 12, the BTC price is 11,608.58$, the market value is 205,794.10M, and the 24H BTC transaction volume of the mainstream exchange is about $2,305.97M, which is 27.88% lower than yesterday. BTC calculation power and chain The number of active addresses continued to decline; the market value of BTC accounted for a steady fluctuation of the market value of BTC, currently about 65.14%; on the evening of the 10th, Powell issued testimony in Congress, global uncertainty continued to increase, gold and bonds quickly rose, US stocks It rose to a historical high, and in the case of an external environment that favored the rise of Bitcoin, the price of Bitcoin fell by up to 14.5% on the 11th. This decline may be due to the allegations of Bitfinex and Tether: a large number of sell orders on Bitfinex, resulting in BTC price decline; on the exchange side, BTC/USD Coinbase changed BTC/USD Bitfinex from negative premium to positive premium in the day; in futures, BTC's single open interest volume increased slightly, and the open interest of empty singles increased. Larger.