Bitcoin falls to a nearly four-month low due to risk aversion sentiment

ChainCatcher news, according to Jinshi reports, influenced by widespread risk aversion, Bitcoin continues its downward trend, falling to a nearly four-month low. Hargreaves Lansdown analyst Derren Nathan stated that the selling pressure from crypto miners and ETF liquidations have driven this decline. Against the backdrop of rising credit risks in the U.S., investors are avoiding high-risk assets and turning to safe-haven assets such as government bonds and gold, putting downward pressure on Bitcoin. Meanwhile, the loan losses of regional banks in the U.S. have intensified market concerns about escalating trade tensions and the ongoing government shutdown.