Whalesbook
Bitcoin mein tezi se giraavat aayi hai, yeh $100,000 ke neeche fisal gaya hai aur lagbhag $97,500 ka 6-mahine ka naya low bana liya hai. Yeh 2025 ke pehle half ki mazboot gains ko reverse karta hai, jab institutional buying, tokenization efforts, aur naye regulations ne kai cryptocurrencies ko record highs tak pahunchaya tha. Bitcoin khud October 6 ko $126,000 ke all-time high par pahuncha tha, lekin tab se lagbhag 22% ka significant decline dekhne ko mila hai. Bada cryptocurrency market bhi contract hua hai, jisme Bitcoin, altcoins, aur meme tokens sab par 15-25% ki giravat aayi hai. Pichhle mahine, investors ne lagbhag 815,000 Bitcoins beche hain, jisse global crypto market capitalisation apne peak $4.3 trillion se girkar $3.3 trillion ho gaya hai. Yeh sell-off riskaversion mein badhotri ke karan hai, jo tech stocks par pressure aur upcoming US economic data ko lekar uncertainty se aa raha hai, aur ek lambe government shutdown se bhi badh gaya hai. Iske alawa, October ki shuruaat se lagbhag $450 billion ka substantial liquidation, jo institutional redemptions, exchange-traded fund (ETF) outflows, aur corporate treasury sales se driven hai, ne decline ko aur tej kar diya hai. Analysts ka kehna hai ki cash ki taraf shift hua hai. Major tokens jaise Bitcoin, Ether, Binance Coin, Cardano, aur Solana ne weekly price drop 5-13% aur monthly losses 12-30% dekhe hain.
Impact:
Yeh tezi se hui giraavat aur panic selling ko trigger kar sakti hai aur cryptocurrency market mein investor confidence ko kamzor kar sakti hai, jo globally any speculative assets aur broader financial sentiment ko bhi affect kar sakti hai. Iska significant, though volatile, market influence hone ke karan isse 7/10 rating di gayi hai.
Difficult Terms:
* Put options: Financial contracts jo owner ko ek specified price par ek asset sell karne ka right dete hain, obligation nahi. Put options kharidne wale traders prices girne par bet lagate hain.
* Altcoins: Bitcoin ke alawa doosri cryptocurrencies, jaise Ether ya Cardano.
* Meme tokens: Cryptocurrencies jo aksar jokes ya internet memes par based hoti hain, jaise Dogecoin ya Shiba Inu.
* Market capitalisation (market cap): Ek cryptocurrency ke sabhi circulating units ka total value, jo ek unit ki current price ko total units in circulation se multiply karke calculate kiya jata hai.
* Risk aversion: Ek sentiment jisme investors uncertainty ya fear ke karan safer investments prefer karte hain aur speculative ones se bachte hain.
* Liquidations: Kisi asset ko cash mein convert karne ka process. Crypto mein, yeh aksar debts ya margin calls ko cover karne ke liye forced selling ko refer karta hai.
* Institutional redemptions: Jab bade investors jaise hedge funds ya pension funds crypto funds ya assets mein apni holdings bechte hain.
* Exchange-Traded Fund (ETF) outflows: Jab investors crypto assets hold karne wale ETF ki shares bechte hain, jisse fund ko underlying crypto bechni padti hai.
* Corporate treasury sales: Jab companies apni corporate treasuries se crypto holdings bechti hain.