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。 ...

Core Viewpoint - The significant decline in major cryptocurrencies, including Bitcoin and Ethereum, is attributed to rising expectations of a hawkish shift in the Federal Reserve's monetary policy following the nomination of Kevin Walsh as the next Fed Chair [1] Group 1: Cryptocurrency Price Movements - On January 31, Bitcoin's price dropped to $77,082.48, with a maximum decline of 8.32% in the past 24 hours [1] - Ethereum's price fell to $2,354.67, experiencing a maximum decline of 12.84% in the same timeframe [1] - Other cryptocurrencies such as Solana, Dogecoin, and Binance Coin also saw significant price drops [1] Group 2: Market Sentiment and Influences - The market's anticipation of a hawkish monetary policy under Walsh has strengthened the US dollar and led to a substantial pullback in precious metals [1] - High-risk and high-volatility cryptocurrencies are facing concentrated sell-offs as they are no longer viewed as a hedge against currency depreciation but rather as speculative excess assets [1] - Marcus Tilen, founder of 10x Research, indicated that once the loose monetary policy ends, the speculative trend in cryptocurrencies is likely to recede [1]

新华财经纽约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。 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。 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。 （文章来源：新华社） ...