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Gate.io’s Daily Market Trends (May.29 ): Multi-country regulatory policy bearish Cryptocurrency prices shake up again-Announcements-Gate.io

Gate.io

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2021-05-29 14:25

As of 12:00 CST, May.29, Bitcoin’s price was at $36,549.7 and Ethereum's price was at $2,533.78. On the evening of the 28th, the cryptocurrency prices fell once again collectively, with the lowest price of Bitcoin reaching $34,704.05 and the lowest price of Ether reaching $2,368.78, influenced by signals of increased cryptocurrency regulation in many countries. . At 6:00 on the 29th, Bitcoin’s price started to rebound, achieving 4 consecutive positive prices on the one-hour level. Entering 12:00 GMT, Bitcoin’s price entered a narrow volume fluctuation phase. The KDJ triple line still showed a sticky state and the market signal was not obvious. The negative effect of the regulatory policy retrenchment will continue in the currency market. Click to read more Gate.io Blog As a new information section of Gate.io, the Gate.io blog function will provide users with all-round investment support. It will offer the most timely information in the industry, as well as informative columns, exclusive research reports, interesting encyclopedia info, and other high-quality content. All of these combined will enable you to grasp the most valuable and high-quality information without leaving home. We invite you to experience and bookmark this blog, in order to get essential investors tips. Website: https://www.gate.io/en/blog/bloglist App will be launched soon, please keep an eye out for it! Blog entry: “About-Gate Blog” at the bottom of Gate.io homepage. Gate.io Blog will be updated at regular intervals. Stay tuned! Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support. Gate.io Team May 29, 2021 Get 40% of all referees' trading fees in the affiliate program at https://www.gate.io/referral Click to Sign up :https://www.gate.io/m#/register Download it now at: https://www.gate.io/mobileapp Follow us on social Facebook: https://facebook.com/gateioglobal Twitter: https://twitter.com/gate_io Telegram:https://t.me/gateio Instagram:https://www.instagram.com/gateioglobal Medium:https://medium.com/@gateio