#Gate广场圣诞送温暖 The Truth Behind Bitcoin's Crash
Let's break down the reasons for Bitcoin's crash, which can be categorized into the following layers:
Core Catalyst: Macroeconomic Expectation Reversal and Liquidity Tightening Panic
This is the most fundamental and direct cause.
1. Fed Turns Hawkish, Rate Cut Expectations Plummet:
· Key Voices: Important Fed officials, including Governor Barr (the top regulator), collectively turned hawkish, emphasizing that inflation remains high (3%) and is still far from the 2% target, so caution is necessary. This directly hit market optimism for another r