#比特币市场波动观

Influencing Factors

● Macroeconomics and Policy: The uncertainty of the global economy and changes in monetary policy significantly impact Bitcoin prices. For example, adjustments in policies such as interest rate hikes or cuts by the Federal Reserve can affect market liquidity and investor risk appetite, thereby influencing Bitcoin prices. Major events like the U.S. elections can also affect market expectations, boosting or suppressing Bitcoin prices.

● Market Supply and Demand: The total supply of Bitcoin is limited, and its scarcity is one of the factors driving price increases. However, when panic spreads in the market and many investors sell off their holdings, supply exceeds demand, leading to a sharp price drop. Additionally, large transactions by Bitcoin 'whales' can also disrupt market supply and demand, causing significant price fluctuations.