After thirteen ministries and seven associations issued a document to prevent the risks of virtual currencies, where is | Bee Network
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Market Context: Is it a fading trend or a necessary adjustment? One of the main reasons for the current slowdown in Bitcoin prices is undoubtedly the outflow of funds from spot Bitcoin ETFs. Unlike volatility driven by retail investors, ETF fund flows primarily originate from large asset allocators—family offices, pension funds, and institutional investors allocating capital across multiple global markets. Bitcoin’s price briefly touched the $120,000 range in October, followed by a sharp drop in early November, which, in the eyes of traditional capital, altered the risk-reward balance. With the return of safer investment options such as bonds and gold regaining its market dominance, some funds naturally withdrew from the Bitcoin market. Despite these fluctuations, the market structure does not signal the start of a new multi-year bear market. Instead,…# Analysis# crypto# Exchange# Market# Token# web3Pre
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