As of 12:00 GMT, Bitcoin’s price was $34,703.1 and ethereum Bitcoin’s price was $2,290.45. Since 2:00 PM on the 29th, Bitcoin’s price has seen five straight negative prices and touched the $35,000 price floor at 6:00 PM. On the one-hour line, Bitcoin’s price broke the 34,000 price floor at 8:00 on the 30th. Later in the afternoon, the RSI indicator turned from weakness to strength as multiple forces began to pull up the spot price, but momentum was clearly lacking. Market trading volumes indicate that money is rapidly flowing out of the cryptocurrency market. The energy problems caused by bitcoin mining and market concerns over the Biden administration's new round of quantitative easing program was the main reason behind the continued decline in cryptocurrency prices from the 28th to the 30th. Click to read more：Gate.io’s Daily Market Trends (May.30 ) Energy Issues and “Dollar Release Program” Trigger Market Sell-off Cryptocurrency Prices Continue to Fall 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 30, 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