TechFlow news, December 31 — QCP Capital's latest analysis indicates a visible gap in BTC spot markets due to thin liquidity, with the recent rebound constrained by persistent selling pressure.
Since December 19, spot ETFs have seen net outflows of $1.8 billion, while MicroStrategy's Bitcoin purchases have noticeably slowed, reflecting the weak momentum in the crypto market that aligns with broader market sentiment—this marks the third time within eight trading sessions that both the S&P 500 and Nasdaq have dropped more than 1%. Despite lackluster year-end performance, BTC finished the year up 120%, outperforming global equities and gold.
Looking ahead to 2025, although optimism remains around post-Trump administration crypto-friendly policies, reallocation of institutional asset exposure could become a key catalyst. Wider adoption of BTC across various institutions is expected to strengthen its dominance, stabilize spot volatility, and drive increased demand for hedging and writing call options.
