Institution: Bitcoin's recent price trend indicates an unstable start to 2025

Odaily Planet Daily News: Joel Kruger, a strategist at LMAX Group, stated in a report that the volatility of Bitcoin this week suggests an unstable start for the cryptocurrency in 2025. He said that the recent fluctuations are mainly related to the volatility of traditional market sentiment, and the correlation between cryptocurrency assets and the US stock market has become stronger. The market has lowered the expectation of the Federal Reserve to cut interest rates this year, which has pushed up the yield of US treasury bond bonds and the US dollar, while reducing risk appetite. He said, "Although there is much to say about the rebound of Bitcoin in safe haven trading, the market that trades Bitcoin as a risky asset is still very active. When the stock market sells, Bitcoin may fall