Analysis: The stability of Bitcoin prices faces potential "big dump" risk from basis trading.

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According to ChainCatcher news and CoinDesk reports, Bitcoin has remained stable amid the turmoil in the US stock market caused by tariffs, exciting market participants about the potential of this Crypto Asset as a safe-haven asset. However, there is still a possibility of significant downward movement in the short term, especially as the “U.S. Treasury market basis trading” faces risks due to increased volatility in bond prices. Analysis suggests that a potential explosion of $1 trillion in U.S. Treasury basic transactions could trigger a global cash rush, potentially leading to a sell-off of all assets, including Bitcoin. It is reported that a similar situation occurred in mid-March 2020, when the basic transaction volume reached $500 billion.

BTC0.07%
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