According to Bloomberg, the decline in Bitcoin has exposed market fragility, with retail buyers largely disappearing and institutional demand momentum weakening. According to Deutsche Bank AG data, investors are shifting towards AI related investments, causing institutional demand to lose momentum. Analyst Marion Laboure stated that marginal buyers are no longer retail investors, and investors have withdrawn $6 billion from Bitcoin ETFs. At present, the trading price of Bitcoin is lower than the average cost of Strategy by $75699, and the market is beginning to digest the possibility of leveraged company holders being forced to level off.
