Glonghui, May 2 | Bitcoin's sharp decline has aroused investors' interest. They believe that Bitcoin's sharp fluctuations may be a precursor to a wider change in risk appetite in the global market. Following a sharp drop of nearly 16% in April, Bitcoin has dropped about 4% over the past two days, the biggest monthly decline since the FTX exchange crashed in November 2022. Some investors are looking for clues in Bitcoin transactions that could impact the liquidity dynamics of other assets. Bitcoin prices have declined over the past few weeks as the Federal Reserve hinted that interest rates would stay high for a longer period of time. This statement by the Federal Reserve boosted US bond yields and the US dollar, thereby tightening the financial environment. Charlie Morris, chief investment officer at ByteTree Asset Management, said that Bitcoin is our favorite test indicator. This is a warning of future trouble for financial markets, but we can trust that it will rebound at some point.