随着令牌交易的范围，比特币价格下跌低于80,000美元

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 amid a broader selloff in technology stocks and disappointment over the lack of major crypto-related announcements from the White House, according to analysts.

据分析师称，比特币的价格在技术股票的更广泛抛售和对白宫与加密相关的主要公告方面的失望中的更广泛抛售之际。

The token had traded in a narrow range near US$95,000 for most of the month before this week, after reaching a record of about US$109,000 on Jan. 20.

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。

“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. “Bitcoin’s struggles are further complicated by broader weakness in the tech sector.”

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。” “比特币的斗争更加复杂，因为技术领域的弱点更加复杂。”

There is risk that Bitcoin prices can go lower to the mid-US$70,000 level, according to Paul Howard, senior director at market maker Wincent, adding that Trump’s crypto-related announcement have disappointed some traders.

市政公司Wincent的高级总监Paul Howard表示，比特币价格可能会降低到中期70,000美元的价格70,000美元，并补充说，特朗普与加密货币相关的公告使一些交易员失望。

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

他说：“驱动的是一些专家期望的缺乏积极的执行订单新闻以及美国通货膨胀的数字。”

To be sure, the recent exodus of funds from spot-Bitcoin ETFs 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. Some have also used the ETFs to profit from the cryptocurrency’s volatility or offset a short position in derivatives.

可以肯定的是，最近来自Spot-Bitcoin ETF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。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。