#成长值抽奖赢iPhone17和周边

From macro policy shifts to institutional capital withdrawals, and then to regulatory signals being released, multiple uncertainties have intertwined to form a "perfect storm" that has pushed the market into the abyss. The cryptocurrency market in November can aptly be described as experiencing a "cliff-like decline." As a market barometer, Bitcoin plunged from its historical peak of $126,000 on October 12 to break the $100,000 mark on November 4, and on November 21, it even touched a temporary low of $79,937, marking a decline of up to 29% from its peak. By the end of the month, Bitcoin was still struggling in the $90,000 range, with volatility maintaining a high level of 4.2%, far exceeding the performance of traditional capital markets. The performance of mainstream cryptocurrencies was similarly bleak. Ethereum fell from $3,911 to $2,620, a monthly drop of 33.68%, and the sudden single-day drop of 8.79% on November 4 caught the market off guard; mainstream altcoins like Solana and Cardano generally saw declines exceeding 30%, with Dogecoin nearly halving from its October high, resulting in a market value evaporation of $5.2 billion. Across the entire market, the total market capitalization of cryptocurrencies shrank from $3.79 trillion at the end of October to $2.9 trillion, highlighting the severity of the decline. The market sentiment's fear and greed index once fell to 10, hitting a new low in nearly nine months, with "extreme fear" becoming the main theme throughout the month. Even though there were occasional rebounds during this period, they were quickly sold off due to thin liquidity, failing to form an effective reversal trend.