Deutsche Bank: Bitcoin's Decline Due to Weakening Institutional Confidence, Regulatory Uncertainty, and Decreased Liquidity

Deutsche Bank attributes Bitcoin's price decline to weakening institutional investor confidence, decreased liquidity, and regulatory uncertainty. Analysts state that the drop is not a market crash, but rather a reset to reverse gains from the past two years. The bank notes that institutional selling is a major pressure, with over $12 billion in outflows from US spot Bitcoin ETFs since October.