Bitcoin’s price has experienced a significant downturn, impacting market confidence and prompting traders to adopt more cautious strategies. Spot trading volumes have decreased as investors become risk-averse following the recent decline, which saw Bitcoin’s value drop from $115,000 to $104,000 over four days last week, according to Glassnode. This fall highlights a shift toward defensive trading and an increase in capital protection strategies. The Coincu research team suggests that this volatility could lead to more regulatory scrutiny of leveraged positions as traders prioritize assets with fewer risks. The decline signifies a potential transition towards more conservative market approaches, prioritizing assets seen as safe havens by investors seeking stability amid market uncertainty. This shift is likely to influence broader cryptocurrency dynamics in the coming weeks and months.