2026年2月24日，比特币的价格从大约6.5万美元的水平开始下挫，最低时触及了62,000美元附近，24小 时内的跌幅在3.5%到4.5%之间波动。 这个6.3万美元的关口之所以重要，是因为它被广泛视为短期多头 的"生命线"，一旦跌破，可能会引发更大量的技术性卖盘。 事实上，比特币在不久前才刚刚从6万美元 的边缘反弹上来，但这次的下跌表明，之前的反弹非常脆弱，根本不是趋势的反转。 以太坊的表现更让持有者揪心。 它的价格不仅跌破了1900美元，日内跌幅一度超过8%，显得毫无抵抗 力。 如果把时间拉长到最近七天，主流币种的跌幅更是惊人：XRP跌了超过10%，币安币跌了5%以 上，就连以社区文化著称的狗狗币也跌了8%以上。 这种无差别的全面下跌，说明抛售压力来自于整个 市场，而不是某个单一币种的问题。 这场暴跌迅速从币圈蔓延到了股市。 那些业务与加密货币紧密相关的上市公司，股价也跟着遭了殃。 知名的数字资产交易平台Robinhood的股价下跌了5.7%，而作为持有比特币最多的上市公司之一， Strategy的股价也下跌了5.6%。 这形成了一个从虚拟资产到传统金融市场的连锁反应，加剧了市场的恐 慌情绪。 定的买盘 ...

Market Overview - The digital asset market experienced a significant downturn in Q4 2025, with the total market capitalization dropping approximately 27.1% to $2.93 trillion by January 31, 2026 [1][3] - Bitcoin's closing price was $84,100, reflecting a decline of about 26.4%, while Ethereum fell to approximately $2,702, down 35.9% [1][3] - The contraction in the market was influenced by changes in liquidity expectations, delays in key regulatory legislation in the U.S., and a cautious shift in market sentiment [1][3] Stablecoin Market - The stablecoin market saw a slowdown in growth, with total market capitalization increasing only 2.3% to $293.29 billion by January 31, 2026 [1][5] - USDT and USDC continue to dominate the market, with USDT's market cap at approximately $184.8 billion, accounting for about 59.7% of the total [1][5] Regulatory Developments - Global regulatory frameworks are evolving to integrate digital assets while simultaneously addressing risk prevention [1][8] - The U.S. legislative process for the Digital Asset Market Structure Bill (CLARITY Act) has been stalled due to industry conflicts, highlighting the struggle for control over market infrastructure between new crypto entities and traditional financial capital [1][10] - The U.K. has proposed new regulations to align digital assets with traditional securities, indicating a move towards stricter compliance for crypto service providers [1][9] Real World Assets (RWA) - The market for Real World Assets (RWA) has seen a substantial increase, with a 41.1% growth to approximately $23.7 billion from Q3 2025 to January 31, 2026 [2][17] - U.S. Treasury securities represent the largest segment of RWA, accounting for 40% of the total [2][17] Digital Currency Developments in China - The People's Bank of China has initiated a new generation of the digital yuan, transitioning from digital cash to digital deposit currency, marking a significant development in its operational framework [1][15] - The new system emphasizes a dual-layer operational structure involving central banks and commercial institutions, enhancing the integration of digital currency into the existing financial system [1][15][16]

Core Viewpoint - The People's Bank of China and eight other departments have reiterated a strict prohibition on virtual currency activities, classifying them as illegal financial activities, and emphasizing the risks associated with such investments [1][3]. Group 1: Regulatory Stance - The recent notification reinforces a long-standing policy against virtual currencies, stating that they do not hold the same legal status as fiat currencies and are illegal to operate within the country [3]. - Previous regulations from 2013 and 2021 have consistently defined virtual currencies like Bitcoin and stablecoins as non-currencies, reiterating their prohibition in domestic markets [3]. Group 2: Market Impact - Following the announcement, Bitcoin's price fell below $70,000 for the first time since November 2024, with a maximum drop of 9.74% within 24 hours, leading to significant losses for many investors [1]. - Other cryptocurrencies, including Ethereum, Solana, Binance Coin, and Dogecoin, also experienced substantial declines, resulting in severe financial repercussions for investors [1]. Group 3: Investor Guidance - Investors are advised to avoid falling for myths of quick wealth in the cryptocurrency market and to develop a proper investment mindset, enhancing their risk awareness and ability to identify potential dangers [4].

Core Viewpoint - The People's Bank of China and eight other departments have reiterated a strict prohibition on virtual currency-related activities, classifying them as illegal financial activities [1][3]. Group 1: Regulatory Stance - The recent notice emphasizes that virtual currencies do not have the same legal status as fiat currencies and that all related activities are strictly prohibited within the country [3][4]. - This regulatory stance has been consistent since 2013, with previous notices reinforcing the illegality of virtual currency transactions and their classification as illegal financial activities [3][4]. Group 2: Market Impact - Following the announcement, Bitcoin's price fell below $70,000 for the first time since November 2024, with a maximum drop of 9.74% in 24 hours, leading to significant losses for investors [1]. - Other cryptocurrencies, including Ethereum, Solana, Binance Coin, and Dogecoin, also experienced substantial declines, resulting in many investors facing severe financial repercussions [1]. Group 3: Investor Caution - Investors are warned against believing in myths of quick wealth in the cryptocurrency market and are encouraged to adopt a correct investment mindset and enhance their risk awareness [4].

Core Insights - Bitcoin price has experienced a significant decline, dropping below $60,000 for the first time since October 2024, marking a 52.81% decrease from its historical high of $127,000 reached on October 5, 2025 [1][3] - The recent sell-off was driven by pessimistic investor sentiment and ongoing sell-offs in the international financial markets, with Bitcoin's price falling approximately 25% over five days starting February 1 [3] - Market liquidity and confidence have contracted, exacerbated by increased leverage liquidations, with over 586,219 traders liquidated in the last 24 hours, totaling $2.665 billion [3] Market Dynamics - Bitcoin's price has fallen below the average holding cost of U.S. spot ETFs (approximately $87,830), indicating that most institutional holdings are now at a loss, which further suppresses bottom-fishing interest [3] - Retail investor interest has cooled, leading to reduced trading volumes and increased volatility, with market sentiment indicators showing a shift towards risk aversion [3][4] - Historical data suggests that Bitcoin has previously experienced declines of over 75% during major bear markets in 2014, 2018, and 2022, indicating that the current drop has not yet reached extreme historical levels [4] Broader Cryptocurrency Market - Other cryptocurrencies such as Ethereum, Solana, Binance Coin, and Dogecoin have also seen significant price declines, reflecting a broader market trend [4] - The current market sentiment is increasingly risk-averse, with price movements being driven more by balance sheet mechanisms rather than narrative logic [4]

新华财经纽约2月5日电（记者刘亚南）由于投资者悲观预期和国际金融市场抛售持续，5日早间，加密 货币价格进一步显著下跌，比特币价格自2024年11月以来首次跌破7万美元。 加密货币交易平台币虎网站数据显示，比特币价格指数在5日早间最低跌至66835美元，过去24小时最大 跌幅达9.74%。以太币、索拉纳币、币安币和狗狗币价格均大幅下挫。 德意志银行分析师玛丽昂·拉布雷表示，市场抛售释放的信号，是传统投资者正在失去兴趣，对加密货 币的悲观情绪增加。 英国加密货币投资公司研究部门负责人詹姆斯·巴特菲尔认为，7万美元是比特币价格的一个关键心理价 位。如果不能守住这一整数关口，价格很可能进一步跌至6万至6.5万美元区间。 （文章来源：新华社） ...

德意志银行分析师玛丽昂·拉布雷表示，市场抛售释放的信号，是传统投资者正在失去兴趣，对加密货 币的悲观情绪增加。 英国加密货币投资公司研究部门负责人詹姆斯·巴特菲尔认为，7万美元是比特币价格的一个关键心理价 位。如果不能守住这一整数关口，价格很可能进一步跌至6万至6.5万美元区间。（完） 新华社纽约2月5日电（记者刘亚南）由于投资者悲观预期和国际金融市场抛售持续，5日早间，加密货 币价格进一步显著下跌，比特币价格自2024年11月以来首次跌破7万美元。 加密货币交易平台币虎网站数据显示，比特币价格指数在5日早间最低跌至66835美元，过去24小时最大 跌幅达9.74%。以太币、索拉纳币、币安币和狗狗币价格均大幅下挫。 ...

新华社纽约1月31日电 （记者刘亚南） 受市场对美联储货币政策"鹰派"预期影响，比特币等主要加密货 币价格1月31日大幅下挫。 （来源：辽宁日报） 转自：辽宁日报 分析人士认为，美国总统特朗普30日宣布提名美国联邦储备委员会前理事凯文·沃什为下任美联储主 席，市场对美联储未来货币政策"鹰派"预期浓厚，刺激美元显著走强和贵金属价格大幅回调，高风险、 高波动的加密货币也遭到抛售。 新加坡10x研究公司创始人马库斯·蒂伦说，市场对沃什货币政策偏向"鹰派"的预期使加密货币不被视 为"抵御货币贬值的手段"，而是被视作一种"投机性过剩的资产"。一旦宽松货币政策结束，相关投机行 情便会退潮。 美国加密货币交易平台克拉肯网站数据显示，比特币价格当天下午一度跌至77082.48美元，在过去24小 时最大跌幅达8.32%。以太币价格一度跌至2354.67美元，过去24小时最大跌幅达12.84%。 数据显示，索拉纳币、狗狗币和币安币等代币价格均大幅下挫。 ...

美国加密货币交易平台克拉肯网站数据显示，比特币价格当天下午一度跌至77082.48美元，在过去24小 时最大跌幅达8.32%。以太币价格一度跌至2354.67美元，过去24小时最大跌幅达12.84%。 （来源：天津日报） 转自：天津日报 据新华社纽约1月31日电 受市场对美联储货币政策"鹰派"预期影响，比特币等主要加密货币价格1月31 日大幅下挫。 数据显示，索拉纳币、狗狗币和币安币等代币价格均大幅下挫。 分析人士认为，美国总统特朗普30日宣布提名美国联邦储备委员会前理事凯文·沃什为下任美联储主 席，市场对美联储未来货币政策"鹰派"预期浓厚，刺激美元显著走强和贵金属价格大幅回调，高风险、 高波动的加密货币也遭到抛售。 ...

分析人士认为，美国总统特朗普30日宣布提名美国联邦储备委员会前理事凯文·沃什为下任美联储主 席，市场对美联储未来货币政策"鹰派"预期浓厚，刺激美元显著走强和贵金属价格大幅回调，高风险、 高波动的加密货币也遭到抛售。 受市场对美联储货币政策"鹰派"预期影响，比特币等主要加密货币价格1月31日大幅下挫。 美国加密货币交易平台克拉肯网站数据显示，比特币价格当天下午一度跌至77082.48美元，在过去24小 时最大跌幅达8.32%。以太币价格一度跌至2354.67美元，过去24小时最大跌幅达12.84%。 数据显示，索拉纳币、狗狗币和币安币等代币价格均大幅下挫。 记者：刘亚南 来源：新华国际头条 新加坡10x研究公司创始人马库斯·蒂伦说，市场对沃什货币政策偏向"鹰派"的预期使加密货币不被视 为"抵御货币贬值的手段"，而是被视作一种"投机性过剩的资产"。一旦宽松货币政策结束，相关投机行 情便会退潮。 ...