CNBC: Bitcoin will not re-reach this year's high in the next five months
Golden Finance reported that according to an analysis released by CNBC, the price of Bitcoin will not reach this year's high again in the next five months. Earlier news, in March this year, based on the record of $69,000 in November 2021, the price of Bitcoin broke through the $73,000 mark for the first time, setting a record high of $73,678.5.
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Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
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