加密市场黑色周末：一夜蒸发1110亿美元，40万人梦碎，比特币失守79000美元关口

Group 1 - The cryptocurrency market experienced a significant crash, with Bitcoin dropping below $79,000, reaching its lowest point in nearly 10 months, and a total market cap loss of approximately $111 billion in 24 hours [1][15] - Over 400,000 investors were liquidated during this downturn, with Bitcoin and Ethereum alone accounting for a liquidation amount of $2.566 billion [1][3] - Bitcoin's price fell to $78,130, marking the lowest level since April 2025, with a daily decline of 6.35% [3] Group 2 - Recent weeks showed Bitcoin's lack of response to market changes that typically would be favorable, such as a weakening dollar and rising gold prices [5] - The delay in new regulatory structures for the U.S. cryptocurrency industry has diminished investor interest, compounded by geopolitical risks [6] - The market is experiencing a deep division regarding the responsibility for the crash, with accusations directed at Binance for irresponsible marketing practices [8] Group 3 - The recent crash has raised questions about Bitcoin's role in asset allocation, as it struggles to fulfill its perceived functions of trend-following and inflation hedging [10] - Analysts indicate that retail interest in Bitcoin is extremely low, with trading volumes expected to remain subdued for one to two more quarters [10] - Notable cryptocurrency whales have also faced significant losses, with major liquidations occurring during the market downturn [12] Group 4 - Despite the current challenges, some analysts believe that the foundational aspects of the Bitcoin market remain intact, supported by global asset diversification trends and increasing institutional participation [14] - A notable shift in investment strategy has been observed, with some investors reallocating from Bitcoin to physical gold and gold mining stocks [14]