【Bloomberg: Bitcoin experiences its first weekly decline since Trump's victory, options market begins downward hedging】 Golden Finance reports that Bloomberg has analyzed that due to the cautious policy outlook of the Federal Reserve, the optimism of the U.S. government embracing the cryptocurrency industry has weakened, leading to Bitcoin's first weekly decline since Trump won the U.S. presidential election. This Monday, Bitcoin's seven-day decline reached about 7%, marking the largest drop since September. Sean McNulty, trading director at liquidity provider Arbelos Markets, stated that the outflow of funds from U.S. exchange-traded funds directly investing in Bitcoin last week will put pressure on Bitcoin's price in the short term. He anticipates that the BTC price may remain at around $90,000 before the end of 2024 and added that the options market has begun to attempt downward hedging, with options buyers setting an exercise price of $75,000 to $80,000 for January, February, and March of next year.

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