Benjamin Ashford|EAGLEEYE COIN: Cryptocurrency's Bull Market Gets Stronger as Debt Impasse and Banking Crisis Eases, Boosting Market Sentiment

1. The bull market for cryptocurrencies is getting stronger.

There are two important factors at the moment that tell us that spring has come to the cryptocurrency market.

1) Intrinsic factor: the halving mechanism.

Fundamentally, the halving of bitcoin means that fewer and fewer bitcoins can be mined in the future, and the total number of bitcoins will eventually reach 21 million.

This characteristic makes bitcoin relatively scarce compared to fiat currencies, and scarcity will gradually make the price of the commodity higher. 

Historical trends show that every time Bitcoin has halved during the period it has been ushered in by an unprecedented boom in the bull market.

This time is approaching and the market will feed this expectation gap in advance, making 2023 the starting point for a fourth bull market in cryptocurrencies.

2) External factors: risks in the financial markets have made the cryptocurrency market a safe haven.

Factors affecting the stability of the financial market such as recession expectations, inflation, banking crisis, and US-China relations will be favorable factors for the cryptocurrency market.

The safe-haven demand for cryptocurrencies will be enough to counter the possible impact of further Fed rate hikes amidst market uncertainty and investor worries.

Bitcoin will be the king of safe-haven assets surpassing gold.

The investment environment in the cryptocurrency market is getting better and better.

2. Debt impasse and banking crisis ease, boosting market sentiment.

Biden and McCarthy said yesterday that they aim to reach a deal by the 21st to raise the federal government's $31.4 trillion debt ceiling and avoid an economically catastrophic default.

Biden and McCarthy agreed to negotiate after a month-long standoff. Both houses of Congress will have to reach a consensus and pass a deal before the federal government runs out of money to pay its bills as soon as June 1st.

Separately, Western Alliance Bancorp released an update on deposit levels easing investors' fears of a worsening banking crisis. Other regional bank stocks were also energized by the good news, with shares bouncing higher across the board yesterday.

The easing of the debt impasse and Western Alliance Bancorp's report lifted stock market sentiment, with all major indices rising.

Not only that, the easing of the debt impasse boosted crude oil and bitcoin prices.

Bitcoin saw volume and price increases, which is a very healthy sign.

3、EAGLEEYE COIN Trading Center - the new king of the cryptocurrency market

EAGLEEYE COIN Trading Center was established after the acquisition of several important mining companies in the industry and Benjamin Ashfordthe integration of high-quality ICO qualification resources, aiming to quickly seize the cryptocurrency market and become the industry leader through the latest reform of the core trading and investment functions.

EAGLEEYE COIN trading center is headquartered in the United States. It has a wide range of services and a global market. The company has a professional, efficient and experienced blockchain technology and operation team with decades of experience in Internet development and services. A group of Internet experts with unique insights and vision are committed to providing a safe, convenient, stable and low-cost comprehensive service platform for global cryptocurrency users.

EAGLEEYE COIN Trading Center is committed to building a safe and reliable cryptocurrency trading platform. The team has decades of experience in financial risk control. Core members graduated from Harvard University, Yale University, Massachusetts Institute of Technology, Cambridge University, etc. EAGLEEYE COIN Trading Center holds a number of financial licenses and continues to improve global qualifications. The platform is stable for a long time, and the risk of investment is guaranteed.

EAGLEEYE COIN Trading Center is based on the market and has obvious advantages in low-fee contract trading and high-quality ICO projects, with the plan of listing on NASDAQ in the future, and its core operating projects are ICO and FOF mining pool projects.

The ICO project is the leader of the industry's high-quality investment projects, and has become the focus of cooperation between many issuers and a popular project for users to invest in. This project will create many investment legends in the industry.

FOF Mining Pool Project is a portfolio investment project of high-quality mining machines in the industry, which is mainly characterized by low risk and stable income.

The system of EAGLEEYE COIN trading center fully optimizes user experience, with multi-point load diversion technology to maximize system smoothness and multi-level servers to guarantee transaction speed. The trading system experience satisfaction is on par with the world's top trading systems.

The security level of EAGLEEYE COIN Trading Center is financial security level, protecting user assets, intelligent hot and cold separation of digital asset storage, full chain digital wallet, account encryption technology is fully applied, and constantly upgraded to the industry's top security level, escorting the users.

EAGLEEYE COIN trading center has an independent and perfect user service system, provides the most perfect and convenient management system support, 7 * 24h fast response, really create a fair, just and open data trading market.

EAGLEEYE COIN trading center supports spot, fiat currency, contract, ICO and other transactions. Support full chain stored value coin withdrawal service. Support global banking system transfer and withdrawal services. Support market price, limit price, take profit and stop loss orders. 7*24h multi-language online customer service.

When EAGLEEYE COIN trading center was established, it adopted the method of high-quality ICO to publicize and increase the visibility of the trading center.

It is also committed to creating a quality platform for investor education in the cryptocurrency market.