#成長值抽獎贏iPhone17和精美週邊

On Monday, the crypto assets market experienced a severe dumping, with Bitcoin briefly falling below $86,000, a daily decline of nearly 6%. Over $600 million in leveraged positions across the market were liquidated, leading to a total market capitalization of crypto assets dropping to $3 trillion. Ethereum fell over 6%, and major tokens such as Solana, Dogecoin, and XRP also weakened. In November, Bitcoin has cumulatively dropped 17.5%, marking the largest decline since March.

In December, multiple disturbances continued, with tightening regulations and a security vulnerability in Yearn Finance causing approximately $3 million in Ether to be transferred, exacerbating market panic. Institutional funds cooled down, with about $3.5 billion net outflow from US spot Bitcoin ETFs in November. The head of FalconX's Asia-Pacific derivatives stated that the net subscriptions for ETFs were weak, and the lack of funds for bargain hunting is the biggest pressure on the market. The market is focused on the Federal Reserve's interest rate meeting in December, with interest rate futures betting on a 25 basis point rate cut; inflation and policy uncertainties have led to tighter risk appetite, resulting in a pullback in Crypto Assets.

McNulty stated that the next support level is around $80,000, and the price decline triggered a chain liquidation, causing long positions to evaporate over $540 million, resulting in heavy losses for those betting on a rebound.