Bitcoin Plunges Over 30% in Worst Week Since February as Deutsche Bank Flags Five Key Factors
Bitcoin posted its steepest weekly decline since February, sliding over 30% from its prior peak and signaling renewed price volatility in the cryptocurrency market. Traders pointed to a broad risk-off environment and tightening liquidity across asset classes.
Deutsche Bank researchers identify five headwinds behind the move: a risk-off tilt aligning Bitcoin with high-growth equities, Fed policy uncertainty as officials hint December cuts may be delayed, a stalled digital asset regulation process, ongoing institutional outflows, and profit-taking by long-term holders.
Looking ahead, traders should monitor key support levels and regulatory updates as the market seeks clarity on policy direction and legislation. In the near term, disciplined risk management and selective exposure remain prudent for investors.
