Market sentiment changes abruptly, Bitcoin drops 5% in a day

December 20. The price of Bitcoin has expanded its decline to nearly 15% from this week's historical high, as hawkish signals from the Federal Reserve prompted traders to sell Bitcoin. Bitcoin fell 5% in a day to $92,600, while earlier this week, it reached a historical high slightly above $108,000. $BTC

Smaller tokens like Ether and Dogecoin faced even greater pressure, while Asian and European stock markets also saw declines. Data shows that on Thursday, a batch of U.S. Bitcoin ETFs ended a streak of 15 days of inflows, recording an outflow of $680 million, highlighting the shift in market sentiment. QCP Capital stated that positions had become "overly bullish",

which makes digital assets susceptible to changes in the Federal Reserve's tone. XTB Senior Market Analyst Hani Abuagla noted that the interplay between monetary policy, institutional adoption, and the political situation indicates that by 2025, Bitcoin will still remain sensitive to the macro environment and specific catalysts. #比特币市场波动观察