🩸 A very important report from one of the largest#Bitcoinwhales:

🩸 Bitwise released the Bitcoin Macro Investor Report for January 2025 on January 7, highlighting several macroeconomic challenges facing the cryptocurrency market in December 2024. These include:

1. Profit taking, which leads to a decline in the price.

2. Declining institutional exposure, meaning a decline in large demand from institutions; also leading to a price review.

3. Strengthening the US dollar, and Federal Reserve policy adjustments leading to tighter financial conditions.

🩸 Declining global liquidity and a strong dollar are putting pressure on Bitcoin