Cryptocurrency "falls back to pre-liberation": Worries about AI stock bubble becoming a trigger, ETF funds flow against the trend, and there is a glimmer of hope.

According to the Securities Times APP, cryptocurrency has wiped out almost all of its market value gains so far this year in just over a month. CoinGecko data shows that on October 6th, when it reached its peak, the total market value of all cryptocurrencies reached a record high of nearly $4.4 trillion, but since then it has fallen by 20%, resulting in a year-to-date increase of only 2.5% for this asset class. This pullback began a few days after reaching historic highs, when approximately $19 billion in leveraged positions were suddenly liquidated, shattering market confidence and leaving traders with virtually no signs of betting on a rebound.