Deutsche Bank: Bitcoin crash may be due to 5 factors including market risk aversion, hawkish signals from the Federal Reserve, and capital outflows.

According to Odaily Planet Daily, Bitcoin experienced its worst week since February, falling more than 30% from its peak last month. Deutsche Bank analysts pointed to five main reasons: market risk aversion, hawkish signals from the Federal Reserve (a December rate cut is not inevitable), stalled cryptocurrency regulation and slowed progress on the US Senate's Digital Asset Market Transparency Act, institutional capital outflows (large investors are withdrawing funds), and profit-taking by long-term holders and early holders cashing in their gains.