According to online reports, Bloomberg published an analysis saying that Bitcoin fell weekly for the first time since Trump won the U.S. presidential election as the Fed's cautious policy outlook weakened the U.S. government's optimism about embracing the cryptocurrency industry. Bitcoin fell by about 7% on Monday on the seventh day, the largest decline since September. Sean McNulty, head of trading at liquidity provider Arbelos Markets, said that the outflow of funds from U.S. exchange-traded funds that directly invested in Bitcoin last week will put pressure on Bitcoin prices in the short term. He expects BTC prices to remain at US$90,000 before the end of 2024, adding that the options market has begun to try downside hedging, and some options buyers have set strike prices of US$75,000 to US$80,000 in January, February and March next year.