Macroeconomic factors drive Bitcoin bearish trend, but provide accumulation opportunity

Odaily News Antonio Di Giacomo, senior market analyst at XS, said that Bitcoin's decline from a peak of $109,000 in January 2025 to the $96,000 range reflects a bearish trend in market sentiment under the influence of macroeconomic factors. He said that amid geopolitical uncertainty and stock market volatility, institutional investors have reduced their exposure to cryptocurrencies in search of safer assets. He added that stronger-than-expected U.S. inflation data and Trump's tariffs have exacerbated Bitcoin's volatility, and tightening regulations in various jurisdictions have increased pressure on Bitcoin. However, this may provide an opportunity for accumulation. Analysts pointed out that the Bitcoin ecosystem continues to show signs of long-term growth, and institutional adoption and blockchain infrastructure are advancing. (Jinshi)