On June 15, Israel's preemptive strike against Iran on the 13th caused significant market volatility. Bitcoin briefly dropped below $102,000, with a 24-hour decline of 5%. As tensions escalated, market panic triggered $1 billion in liquidations, including $937 million in long positions and $67.71 million in short positions.
However, BiyaPay analysts believe that the war will not interrupt Bitcoin's bull market trajectory. Although the market may experience short-term fluctuations, Bitcoin's value remains promising in the long term. History shows that Bitcoin, as a global digital asset, has transcended the impact of single geopolitical events. Despite short-term volatility, Bitcoin still has strong market demand and hedging attributes, and is expected to continue rising, ultimately reaching the $150,000 target.
BiyaPay analysts firmly believe in Bitcoin's future potential and offer the following features to help users seize investment opportunities:
Support for depositing USDT and exchanging it for over 30 fiat currencies including US dollars, euros, Hong Kong dollars, and Singapore dollars, with zero card freezing and fast, secure international remittances.
Support for exchanging over 200 cryptocurrencies including BTC and Ethereum, with zero transaction fees for spot and contract orders.
Support for USDT trading in US and Hong Kong stocks, allowing users to participate in real-time stock trading without applying for offshore accounts.
Through BiyaPay, users can conveniently conduct global asset allocation, capitalize on investment opportunities from Bitcoin and other market fluctuations, ensure fund safety, and execute trades efficiently.
