According to CoinMeta, Binance CEO CZ stated that the reasons for the decline in cryptocurrency prices are not yet clear, but they may be related to various factors. Firstly, the flow of funds towards Anthropic IPO led to approximately $1.9 billion in outflows from US spot Bitcoin ETF within seven trading days before November 13th, and there were also withdrawals from Ether funds. Secondly, security issues such as Binance being hacked, encrypted wallets related to iPhone being stolen, Chrome vulnerabilities, and interruptions in Microsoft services may have reduced some people's willingness to hold crypto assets. In addition, high inflation in the United States has increased market expectations for another interest rate hike by the Federal Reserve, and higher yields and a strong dollar may put pressure on "risk assets" like cryptocurrencies. Regarding political uncertainty, the results of the mid-term elections have sparked concerns about potential tightening of US crypto policies. CZ also mentioned that he purchased cryptocurrencies in the past few days, which could be one of the reasons for the price fluctuations. He believes that in the medium to long term, cryptocurrencies will continue to grow.