#Bitcoin Quotes[超话]#

The cryptocurrency market’s recent decline raises questions about its underlying causes? ? ?

Various factors such as market dynamics and significant investor activity have played a role in shaping the current situation!

An in-depth analysis reveals the key reasons behind the cryptocurrency market’s latest downturn and provides insight into potential trends moving forward.

Three main factors are the key drivers of the recent downturn in the cryptocurrency market. As they outlined in a detailed analysis published on June 18, 2024, these factors include miner capitulation due to reduced miner revenue, stalled stablecoin issuance, and large outflows from major spot ETFs.

Zhiyuan believes that the current decline is still small, and there is a high probability that the pie will fall below 60,000 in the future! let us wait and see!