1. The correlation between Bitcoin and US tech stocks has climbed to a high level. 2. Amidst a deepening cryptocurrency bear market, Bitcoin has erased its year-to-date gains. 3. Global ETF issuance has exploded, with 15 new cryptocurrency ETFs lis

2025-11-17

1. The correlation between Bitcoin and US tech stocks has climbed to a high level. 2. Amidst a deepening cryptocurrency bear market, Bitcoin has erased its year-to-date gains. 3. Global ETF issuance has exploded, with 15 new cryptocurrency ETFs listed in October. 4. Data: The cryptocurrency market capitalization has evaporated by $1.1 trillion in 41 days, with current liquidation volume 10% lower than the all-time high on October 10th. 5. Bitwise CEO: Bitcoin's four-year cycle has been broken; 2026 remains undefined. 6. Castle Island Ventures co-founder: Lack of attention and other factors have led to the cryptocurrency decline; emotional decoupling is recommended. 7. Santiment: The current crypto market is unlikely to have bottomed out; be wary of a "bottom consensus." 8. Trader Nachi: The market is unlikely to recover significantly before the end of the year; crypto stocks like Coinbase and Robinhood still have room to fall. 9. Arete Capital partner: Bitcoin may not reach new highs in 2025, but will break $200,000 before the end of Trump's term. 10. Analysis: Bitcoin has entered a "mini" bear market; its future trajectory will heavily depend on the Federal Reserve's policy decisions. 11. Cardone Capital purchased 888 BTC for its "Bitcoin Real Estate Hybrid Project." 12. Tom Lee: Ethereum will begin a supercycle similar to Bitcoin's. 13. Nic Carter, the father of smart contracts: Investors will find it difficult to succeed in this cycle; he suggests first emotionally "decoupling" from cryptocurrencies.