Deutsche Bank: Bitcoin Decline Indicates its Loss

Deutsche Bank stated that the recent depreciation of Bitcoin reflects institutional Exchange-Traded Fund (ETF) outflows, decreasing liquidity, and weakening retail investor interest.

According to the bank's statement, Bitcoin has become particularly vulnerable in a risk-off environment, differentiating itself from both gold and stocks.

Additionally, it was noted that regulatory delays have caused volatility in the market and created barriers to a lasting recovery.