Odaily reported that Bitfinex released a report analyzing that last week, fell to a low of $91,430, continuing the correction trend after reaching a historical high of $108,100 on December 17, 2024. On Monday, continued to decline, currently down more than 15%, driven by growing market caution, rising U.S. bond yields, and persistent outflows from spot ETFs. It is worth noting that ETFs have seen 7 days of outflows in the past 12 trading days, with $718 million flowing out in just two days, in stark contrast to the nearly $2 billion inflows in early January. Despite macroeconomic pressures, remains resilient, having risen 42% since the U.S. election, outperforming stocks, which have erased their post-election gains. However, with the Federal Reserve signaling fewer rate cuts and tightening financial conditions, may face greater volatility in the short term. Nevertheless, under the leadership of the newly elected U.S. President Donald Trump, the optimistic sentiment towards cryptocurrency regulation may limit further declines in and help it maintain a strong position in the long run.