比特币低于80,000美元，因为从现场ETF销售压力和令人失望的特朗普承诺重量

在1月20日达到约109,000美元的记录后，该代币在本周前的大部分时间内的狭窄范围内的交易范围接近95,000美元。

The price of Bitcoin has slid in recent days, sliding from its record high reached earlier this month to lows not seen since December 2021.

比特币的价格在最近几天下跌，从本月早些时候的创纪录的高高到达了自2021年12月以来从未见过的低点。

The token, which hit a peak of around $109,000 on January 20, had been trading in a narrow band near $95,000 for the majority of the month. But it slid to as low as $80,000 on Wednesday.

1月20日，该代币达到了约109,000美元的峰值，在本月的大部分时间里，狭窄的乐队在狭窄的乐队中交易。但这在周三的低至80,000美元。

“We are observing a notable reversal of the post-election market dynamics that had initially been driven by expectations of a pro-business, pro-market administration following candidate Trump’s victory,” said Raphael Thuin, head of capital market strategies at Tikehau Capital SCA.

Tikehau Capital SCA的资本市场战略负责人Raphael Thuin说：“我们观察到，在候选人特朗普的胜利之后，对亲企业，亲商业管理的期望，最初是由对亲企业的期望驱动的明显逆转。”

“The market is now struggling with broader weakness in the tech sector, which is impacting technology-related investments like Bitcoin. Trump’s crypto-related announcements have also disappointed some traders.”

“现在，市场正在努力在技术领域的更广泛的弱点，这影响了像比特币这样与技术相关的投资。特朗普与加密相关的公告也使一些交易员失望。”

There is risk that Bitcoin prices can go lower to the mid-$70,000 level, according to Paul Howard, senior director at market maker Wincent.

市政公司Wincent高级总监保罗·霍华德（Paul Howard）表示，比特币价格可能会降低到70,000美元的中低70,000美元的风险。

“What’s been driving this is the lack of positive executive-order news some pundits were expecting, and U.S. inflation numbers,” said Howard.

霍华德说：“驱动的是缺乏一些专家期望的积极执行新闻和美国通货膨胀的数字。”

Recent data showed that the U.S. consumer price index rose in January, indicating that price pressures are sticky and may keep the Federal Reserve on a path of gradual interest rate increases.

最近的数据表明，美国消费者价格指数在一月份上升，表明价格压力是粘性的，可能会使美联储逐渐增加利率。

Bitcoin has slid in recent days as funds pulled out of exchange-traded products (ETPs) that invest in the world’s largest cryptocurrency, highlighting a shift in investor sentiment.

最近几天，比特币从投资全球最大的加密货币投资的交易所交易产品（ETP）中取出，这突出了投资者情绪的转变。

About $165 million was withdrawn from six major Bitcoin ETPs and ETFs from January 23 to January 27, according to data from Capital Link New Markets.

根据Capital Link New Markets的数据，从1月23日至1月27日，从六个主要的比特币ETP和ETF撤回了约1.65亿美元。

However, to be sure, the recent exodus of funds from spot-Bitcoin ETPs represents only about three per cent of the total assets they hold. And some of the outflows likely stem from hedge funds unwinding a popular trading strategy called the basis trade, which exploits differences in prices between spot and futures markets.

但是，可以肯定的是，最近来自Spot-Bitcoin ETP的资金出埃及仅占其持有总资产的3％。一些流出可能源于对冲基金放弃一种称为“基础贸易”的流行交易策略，该策略利用了现货和期货市场之间价格差异。

Some have also used the ETFs to profit from the cryptocurrency’s volatility or offset a short position in derivatives.

有些人还使用ETF从加密货币的波动率中获利或抵消了衍生品的短姿势。