1. In the past month, whales sold more than 400,000 Bitcoins. 2. Powell's previous remarks were hawkish, stating that there might not be a rate cut in December. 3. The entire stock market has been falling these days, with US stocks, European stocks, and Japanese and Korean stocks all in decline. 4. Bitcoin spot ETF has fallen for 5 consecutive days, with a net outflow of over 1.5 billion dollars.
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The reason why Bitcoin has been falling recently.
1. In the past month, whales sold more than 400,000 Bitcoins.
2. Powell's previous remarks were hawkish, stating that there might not be a rate cut in December.
3. The entire stock market has been falling these days, with US stocks, European stocks, and Japanese and Korean stocks all in decline.
4. Bitcoin spot ETF has fallen for 5 consecutive days, with a net outflow of over 1.5 billion dollars.