【Bloomberg: Bitcoin experiences its first weekly decline since Trump's victory, options market begins downward hedging】Golden Finance reports that Bloomberg has analyzed that the cautious policy outlook of the Federal Reserve has weakened the optimism of the U.S. government embracing the cryptocurrency industry. Bitcoin has seen its 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.-based exchange-traded funds directly investing in Bitcoin last week will put pressure on Bitcoin prices in the short term. He expects BTC prices to remain around $90,000 before the end of 2024 and added that the options market is beginning to attempt downward hedging, with options buyers setting exercise prices of $75,000 to $80,000 for January, February, and March of next year.

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