Is Bitcoin's Bull Run Over? Analysts Reveal In-depth Research Findings

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The crypto market, as is known, is again under great pressure, with prices plummeting to their lowest level in the last three months. The gains that were made after Donald Trump's victory in the US presidential election were completely erased.

Reporting from finbold.com, this decline was triggered by a number of global factors and 'diseases' in the crypto world. One of the diseases is a major hack, such as the one that occurred on the Bybit crypto exchange, which was called the biggest theft in the history of the industry.

At the same time, there are other factors such as large companies and investment funds known as institutional investors starting to withdraw their funds from the market. The new record outflow from Bitcoin ETFs shows that they are choosing to be cautious, and ultimately worsening selling pressure and increasing price volatility.