Bitcoin rebounds back above $100,000 as market risk aversion intensifies

According to Jinshi News, Bitcoin fell below the key $100,000 mark overnight after experiencing a wave of selling, marking the first time since June, and is currently rebounding slightly. Deutsche Bank analysts pointed out that there has been a noticeable risk-averse sentiment in the market over the past 24 hours, with high valuations in tech stocks raising concerns among investors and dampening risk appetite. U.S. stock index futures showed some signs of recovery before the opening, gradually regaining losses and trending towards flat.