Odaily星球日报讯 OKX 行情显示，BTC 短时跌破 58300 USDT 后回升，现报 58638.1 USDT，24H 跌幅为 1.44%。

BTC短时跌破58300 USDT后回升，24H跌幅1.44%

Odaily Odaily reported that OKX market data showed that BTC briefly fell below 58,300 USDT and then rebounded, now reporting 58,638.1 USDT, a 24-hour drop of 1.44%.

BTC briefly fell below 58,300 USDT before rebounding, with a 24-hour drop of 1.44%

Author | Binance Research
Summary:
After a strong performance in 2023, the total cryptocurrency market capitalization continued to rise in the first half of 2024, ultimately reaching around $2.27 trillion, an increase of 37.3% since the beginning of the year. The growth in the first quarter was remarkable, reaching 60.2%. The situation in the second quarter was relatively complex, with some of the gains in the cryptocurrency market retreating, and the market capitalization declining by 14.3%.
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BTC had a series of recoveries over the weekend and has now rebounded to around $60,000. The strange drop on Friday, August 16th, seems to be quite consistent with the reasons discussed in the article "Counterintuitive! What factors are affecting the BTC price?" published by the author on that day. Today's ["8.18 Author's Internal Reference: Weak US Dollar, Resilient Bitcoin, Gold Hits New Highs"] seems to confirm the case, which was most likely caused by the US government's sale of 10,000 BTCs, resulting in an abnormal downward spike. From the lowest point of nearly $60,000 to $56,000, it also matches the 5% or so drop mentioned in the previous article and internal reference.