{"id":71245,"date":"2026-04-14T08:53:13","date_gmt":"2026-04-14T01:53:13","guid":{"rendered":"https:\/\/hbbgroup.net\/retail-crypto-activity-hits-9-year-low-as-big-money-steps-in\/"},"modified":"2026-04-14T10:19:42","modified_gmt":"2026-04-14T03:19:42","slug":"retail-crypto-activity-hits-9-year-low-as-big-money-steps-in","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/retail-crypto-activity-hits-9-year-low-as-big-money-steps-in\/","title":{"rendered":"Ho\u1ea1t \u0111\u1ed9ng crypto c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf l\u1ebb ch\u1ea1m m\u1ee9c th\u1ea5p nh\u1ea5t trong 9 n\u0103m khi d\u00f2ng ti\u1ec1n l\u1edbn b\u1eaft \u0111\u1ea7u tham gia"},"content":{"rendered":"
\n

Nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf l\u1ebb g\u1ea7n nh\u01b0 \u0111\u00e3 bi\u1ebfn m\u1ea5t kh\u1ecfi giao d\u1ecbch Bitcoin. D\u1eef li\u1ec7u t\u1eeb CryptoQuant cho th\u1ea5y d\u00f2ng ti\u1ec1n crypto t\u1eeb c\u00e1c t\u00e0i kho\u1ea3n n\u1eafm gi\u1eef d\u01b0\u1edbi 1 BTC \u0111\u00e3 gi\u1ea3m xu\u1ed1ng m\u1ee9c th\u1ea5p k\u1ef7 l\u1ee5c tr\u00ean Binance v\u00e0o \u0111\u1ea7u th\u00e1ng n\u00e0y \u2014 m\u1ee9c tham gia y\u1ebfu nh\u1ea5t c\u1ee7a retail trong ch\u00edn n\u0103m.<\/p>\n

Ph\u1ed1 Wall tham gia trong khi Main Street \u0111\u1ee9ng ngo\u00e0i<\/h2>\n

C\u00e1c con s\u1ed1 cho th\u1ea5y m\u1ed9t b\u1ee9c tranh r\u00f5 r\u00e0ng. Trong khi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n r\u00fat lui, c\u00e1c t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh l\u1edbn \u0111ang \u00e2m th\u1ea7m x\u00e2y d\u1ef1ng v\u1ecb th\u1ebf crypto c\u1ee7a h\u1ecd.<\/p>\n

Morgan Stanley \u0111\u00e3 ra m\u1eaft m\u1ed9t ETF Bitcoin. Charles Schwab m\u1edf danh s\u00e1ch ch\u1edd cho giao d\u1ecbch Bitcoin spot. Franklin Templeton c\u00f4ng b\u1ed1 m\u1ed9t b\u1ed9 ph\u1eadn crypto chuy\u00ean bi\u1ec7t. Fannie Mae b\u1eaft \u0111\u1ea7u ch\u1ea5p nh\u1eadn c\u00e1c kho\u1ea3n vay th\u1ebf ch\u1ea5p \u0111\u01b0\u1ee3c b\u1ea3o \u0111\u1ea3m b\u1eb1ng Bitcoin.<\/p>\n

Bitcoin hi\u1ec7n \u0111ang giao d\u1ecbch \u1edf m\u1ee9c 70.885 USD. Bi\u1ec3u \u0111\u1ed3: TradingView<\/a><\/figcaption><\/figure>\n

Th\u1ecb tr\u01b0\u1eddng stablecoin \u0111\u00e3 \u0111\u1ea1t m\u1ee9c v\u1ed1n h\u00f3a cao nh\u1ea5t m\u1ecdi th\u1eddi \u0111\u1ea1i trong n\u0103m nay.<\/p>\n

CEO Exodus, JP Richardson, \u0111\u00e3 t\u00f3m t\u1eaft th\u1eb3ng th\u1eafn trong m\u1ed9t b\u00e0i \u0111\u0103ng tr\u00ean X: \u201c\u0110\u00e2y c\u00f3 th\u1ec3 l\u00e0 chu k\u1ef3 \u0111\u1ea7u ti\u00ean trong l\u1ecbch s\u1eed crypto m\u00e0 c\u00e1c t\u1ed5 ch\u1ee9c \u0111ang \u1edf trong m\u1ed9t th\u1ecb tr\u01b0\u1eddng b\u00f2, c\u00f2n retail th\u00ec th\u1eadm ch\u00ed kh\u00f4ng h\u1ec1 nh\u1eadn ra,\u201d \u00f4ng vi\u1ebft.<\/p>\n

Richardson ch\u1ec9 ra r\u1eb1ng trong c\u00e1c giai \u0111o\u1ea1n suy gi\u1ea3m n\u0103m 2018 v\u00e0 2022, c\u00e1c t\u1ed5 ch\u1ee9c c\u0169ng r\u00fat lui c\u00f9ng v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n. Nh\u01b0ng l\u1ea7n n\u00e0y, \u00f4ng cho bi\u1ebft h\u1ecd \u0111\u00e3 l\u00e0m \u0111i\u1ec1u ng\u01b0\u1ee3c l\u1ea1i.<\/p>\n

\u0110\u00e2y c\u00f3 th\u1ec3 l\u00e0 chu k\u1ef3 \u0111\u1ea7u ti\u00ean trong l\u1ecbch s\u1eed crypto m\u00e0 c\u00e1c t\u1ed5 ch\u1ee9c \u0111ang \u1edf trong th\u1ecb tr\u01b0\u1eddng t\u0103ng gi\u00e1, c\u00f2n nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf l\u1ebb th\u1eadm ch\u00ed kh\u00f4ng h\u1ec1 nh\u1eadn ra.<\/p>\n

Stablecoin \u0111\u1ea1t 319 t\u1ef7 USD. Morgan Stanley \u0111\u00e3 ra m\u1eaft ETF Bitcoin. Schwab m\u1edf danh s\u00e1ch ch\u1edd cho giao d\u1ecbch Bitcoin spot.<\/p>\n

Franklin Templeton c\u00f4ng b\u1ed1 m\u1ed9t\u2026<\/p>\n

\u2014 JP Richardson (@jprichardson) April 13, 2026<\/a><\/p><\/blockquote>\n

Chi ph\u00ed sinh ho\u1ea1t khi\u1ebfn nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf l\u1ebb \u0111\u1ee9ng ngo\u00e0i cu\u1ed9c<\/h2>\n

L\u00fd do khi\u1ebfn retail v\u1eafng b\u00f3ng kh\u00f4ng kh\u00f3 \u0111\u1ec3 nh\u1eadn ra. Nh\u00e0 s\u00e1ng l\u1eadp MN Fund v\u00e0 nh\u00e0 ph\u00e2n t\u00edch crypto Micha\u00ebl van de Poppe n\u00f3i th\u1eb3ng \u2014 ph\u1ea7n l\u1edbn m\u1ecdi ng\u01b0\u1eddi \u0111ang ch\u1eadt v\u1eadt \u0111\u1ec3 chi tr\u1ea3 c\u00e1c h\u00f3a \u0111\u01a1n h\u00e0ng th\u00e1ng. L\u1ea1m ph\u00e1t v\u00e0 chi ph\u00ed sinh ho\u1ea1t gia t\u0103ng \u0111\u00e3 b\u00e0o m\u00f2n ph\u1ea7n thu nh\u1eadp kh\u1ea3 d\u1ee5ng, v\u1ed1n t\u1eebng l\u00e0 ngu\u1ed3n ti\u1ec1n th\u00fac \u0111\u1ea9y l\u00e0n s\u00f3ng \u0111\u1ea7u c\u01a1 crypto.<\/p>\n

\u201c\u0110\u00f3 l\u00e0 l\u00fd do v\u00ec sao chu k\u1ef3 n\u00e0y s\u1ebd kh\u00f4ng ph\u1ea3i l\u00e0 chu k\u1ef3 c\u1ee7a retail,\u201d van de Poppe n\u00f3i. \u201c\u0110\u00e2y l\u00e0 chu k\u1ef3 c\u1ee7a c\u00e1c t\u1ed5 ch\u1ee9c v\u00e0 s\u1ebd k\u00e9o d\u00e0i h\u01a1n.\u201d<\/p><\/blockquote>\n

M\u1ed9t s\u1ed1 nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf l\u1ebb t\u1eebng ho\u1ea1t \u0111\u1ed9ng t\u00edch c\u1ef1c trong c\u00e1c chu k\u1ef3 tr\u01b0\u1edbc c\u00f3 th\u1ec3 \u0111\u00e3 chuy\u1ec3n d\u00f2ng ti\u1ec1n sang n\u01a1i kh\u00e1c. Theo nh\u00e0 ph\u00e2n t\u00edch Darkfost c\u1ee7a CryptoQuant, m\u1ed9t ph\u1ea7n c\u00e1c t\u00e0i kho\u1ea3n nh\u1ecf d\u01b0\u1eddng nh\u01b0 \u0111\u00e3 chuy\u1ec3n sang th\u1ecb tr\u01b0\u1eddng c\u1ed5 phi\u1ebfu v\u00e0 h\u00e0ng h\u00f3a, c\u1ea3 hai \u0111\u1ec1u ghi nh\u1eadn m\u1ee9c l\u1ee3i nhu\u1eadn m\u1ea1nh trong th\u1eddi gian g\u1ea7n \u0111\u00e2y.<\/p>\n

R\u00f5 r\u00e0ng l\u00e0 retail kh\u00f4ng c\u00f2n h\u1ee9ng th\u00fa v\u1edbi #Crypto.<\/p>\n

H\u1ea7u h\u1ebft m\u1ecdi ng\u01b0\u1eddi \u0111\u1ec1u \u0111ang g\u1eb7p kh\u00f3 kh\u0103n trong vi\u1ec7c chi tr\u1ea3 c\u00e1c h\u00f3a \u0111\u01a1n h\u00e0ng th\u00e1ng.<\/p>\n

V\u00e0 r\u1ed3i l\u1ea1i \u0111em s\u1ed1 ti\u1ec1n \u0111\u00f3 \u0111i \u0111\u1ea7u t\u01b0 v\u00e0o m\u1ed9t t\u00e0i s\u1ea3n bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh nh\u01b0 v\u1eady?<\/p>\n

Kh\u00f4ng \u0111\u1eddi n\u00e0o.<\/p>\n

\u0110\u00f3 l\u00e0 l\u00fd do v\u00ec sao chu k\u1ef3 n\u00e0y s\u1ebd kh\u00f4ng ph\u1ea3i l\u00e0 chu k\u1ef3 c\u1ee7a retail. \u0110\u00e2y l\u00e0 chu k\u1ef3 c\u1ee7a c\u00e1c t\u1ed5 ch\u1ee9c\u2026<\/p>\n

\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) April 12, 2026<\/a><\/p><\/blockquote>\n

Tri\u1ec3n v\u1ecdng ng\u1eafn h\u1ea1n v\u1eabn ph\u1ee5 thu\u1ed9c v\u00e0o \u00e1p l\u1ef1c v\u0129 m\u00f4<\/p>\n

T\u00e2m l\u00fd tr\u00ean th\u1ecb tr\u01b0\u1eddng crypto v\u1eabn c\u00f2n kh\u00e1 mong manh. Tr\u01b0\u1edfng b\u1ed9 ph\u1eadn ph\u00e2n t\u00edch c\u1ee7a CoinEx, Jeff Ko, cho bi\u1ebft \u0111i\u1ec1u ki\u1ec7n ng\u1eafn h\u1ea1n \u201cb\u1ecb chi ph\u1ed1i m\u1ea1nh b\u1edfi y\u1ebfu t\u1ed1 v\u0129 m\u00f4, \u0111\u1eb7c bi\u1ec7t l\u00e0 gi\u00e1 d\u1ea7u, \u0111\u1ed3ng USD v\u00e0 k\u1ef3 v\u1ecdng l\u1ea1m ph\u00e1t.\u201d<\/p>\n

Ko kh\u00f4ng cho r\u1eb1ng \u0111\u00e2y l\u00e0 d\u1ea5u hi\u1ec7u c\u1ee7a s\u1ef1 suy gi\u1ea3m mang t\u00ednh c\u1ea5u tr\u00fac \u0111\u1ed1i v\u1edbi nhu c\u1ea7u crypto. \u00d4ng m\u00f4 t\u1ea3 \u00e1p l\u1ef1c hi\u1ec7n t\u1ea1i l\u00e0 m\u1ed9t d\u1ea1ng \u201cph\u1ea7n b\u00f9 r\u1ee7i ro v\u0129 m\u00f4\u201d h\u01a1n l\u00e0 s\u1ef1 suy y\u1ebfu trong nhu c\u1ea7u \u0111\u1ed1i v\u1edbi t\u00e0i s\u1ea3n s\u1ed1.<\/p>\n

V\u1ec1 tri\u1ec3n v\u1ecdng trung h\u1ea1n, Ko cho bi\u1ebft \u00f4ng kh\u00f4ng k\u1ef3 v\u1ecdng gi\u00e1 d\u1ea7u s\u1ebd duy tr\u00ec \u1edf m\u1ee9c cao do c\u00e1c y\u1ebfu t\u1ed1 cung \u2013 c\u1ea7u, v\u00e0 \u0111\u00e2y l\u00e0 t\u00edn hi\u1ec7u mang t\u00ednh t\u00edch c\u1ef1c th\u1eadn tr\u1ecdng cho th\u1ecb tr\u01b0\u1eddng trong th\u1eddi gian t\u1edbi.<\/p>\n

\u0110i\u1ec1u r\u00f5 r\u00e0ng \u1edf th\u1eddi \u0111i\u1ec3m hi\u1ec7n t\u1ea1i l\u00e0 ngu\u1ed3n n\u0103ng l\u01b0\u1ee3ng t\u1eeb retail\u2014y\u1ebfu t\u1ed1 t\u1eebng th\u00fac \u0111\u1ea9y c\u00e1c \u0111\u1ee3t t\u0103ng m\u1ea1nh c\u1ee7a crypto trong qu\u00e1 kh\u1ee9\u2014\u0111ang v\u1eafng b\u00f3ng. Vi\u1ec7c d\u00f2ng ti\u1ec1n n\u00e0y c\u00f3 quay tr\u1edf l\u1ea1i hay kh\u00f4ng, v\u00e0 khi n\u00e0o, c\u00f3 th\u1ec3 ph\u1ee5 thu\u1ed9c \u00edt v\u00e0o ch\u00ednh crypto m\u00e0 nhi\u1ec1u h\u01a1n v\u00e0o vi\u1ec7c t\u00ecnh h\u00ecnh t\u00e0i ch\u00ednh c\u1ee7a ng\u01b0\u1eddi d\u00e2n c\u00f3 \u0111\u01b0\u1ee3c \u201cd\u1ec5 th\u1edf\u201d h\u01a1n hay kh\u00f4ng.<\/p>\n

\u1ea2nh minh h\u1ecda t\u1eeb Pexels, bi\u1ec3u \u0111\u1ed3 t\u1eeb TradingView<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

Nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf l\u1ebb g\u1ea7n nh\u01b0 \u0111\u00e3 bi\u1ebfn m\u1ea5t kh\u1ecfi giao d\u1ecbch Bitcoin. D\u1eef li\u1ec7u t\u1eeb CryptoQuant cho th\u1ea5y […]<\/p>","protected":false},"author":5,"featured_media":71247,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-71245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/71245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/comments?post=71245"}],"version-history":[{"count":1,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/71245\/revisions"}],"predecessor-version":[{"id":71500,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/71245\/revisions\/71500"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media\/71247"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=71245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=71245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=71245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}