[Deutsche Bank: 5 Major Reasons Behind Bitcoin's Decline, Including Market Risk Aversion and Fed's Hawkish Signals] BlockBeats News, November 24: Bitcoin has just experienced its worst week since February, dropping more than 30% from last month's peak. Deutsche Bank analysts pointed out five key factors: · Spread of market risk aversion - Bitcoin's trend aligns more closely with high-growth tech stocks (highly correlated with the Nasdaq 100 Index) rather than acting as an independent 'store of value' asset · Fed's hawkish signals - Powell warned that a December rate cut is not a certainty (despite subsequent moderate remarks from New York Fed's Williams) · Stalled crypto legislation progress - The Senate's 'Digital Asset Market Clarity Act' has slowed in advancement · Continued outflow of institutional funds - Large investors are pulling out capital · Profit-taking by long-term holders - Early adopters are cashing in their gains