On Wednesday, BTC's data was still lukewarm, with low volatility, basically fluctuating in the range of 100 to 200 coins. This indicates that investors don't have much interest in buying or selling Bitcoin. But from a bird's-eye view, we know there was a significant drop on Thursday. While there could be multiple reasons, it indeed triggered some panic among ETF investors. Thursday's data is probably not going to look good, which once again shows that traditional investors have relatively low involvement in cryptocurrencies. Also, the correlation between cryptocurrencies and U.S. stock market trends remains quite high. @bitget VIP, lower fees, bigger perks.