Continuing to chase the rise and fall, although the price of $BTC stabilized around $90,000 on Thursday, some investors chose to exit as it seemed difficult to see further increases. Investors from BlackRock and Fidelity are still leading the sell-off, interestingly, they were also the ones buying the most during the rise.

From the current situation, some traditional investors still view the cryptocurrency space more as speculation than investment, especially when the U.S. stock market is performing better, leading them to prefer U.S. stocks. However, it appears that Bitcoin's price has already fluctuated upwards from around $88,000 to the current $90,000 range, which is considered an improvement.

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