As of 15:00 GMT, Bitcoin’s price was $39354.59 and Ether’s price was $2454.61. Under the influence of high inflation expectations yesterday, Bitcoin’s price plunged, and the price dropped by $873.48 within one hour. From the evening of the 16th to the early morning of the 17th, Bitcoin’s price showed a decline in resistance. In the morning of the 17th, the Bitcoin price rebounded and returned to the 39,000 level in the afternoon. In the afternoon, Bitcoin’s price showed a state of double increase in bid volume, and the momentum of price increase was sufficient. Bitcoin’s price may hit $40,000 today.
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