Bitcoin (CRYPTO: BTC) dropped back below $63,000 on Thursday as the broader crypto market shed 4%.
Bitcoin (CRYPTO: BTC) dropped back below $63,000 on Thursday as the broader crypto market shed 4%.
Why Is Crypto Falling While AI Stocks Hit New Highs?
The divergence between crypto and AI-linked equities is widening sharply.
Cipher Digital (NASDAQ:CIFR) hit new all-time highs up 10%, WhiteFiber (NASDAQ:WYFI) surged 15%, TerraWulf (NASDAQ:WULF) added 4%, Galaxy Digital (NASDAQ:GLXY) gained 4%, and IREN (NASDAQ:IREN) rose 3%.
Moreover, Kevin Warsh's FOMC decision Wednesday is adding pressure.
Bitcoin traded near $63,000 on Thursday as cryptocurrency markets extended their decline amid more than $1 billion in…
Bitcoin (CRYPTO: BTC) has plummeted below $68,000 on Tuesday, while Ethereum
Bitcoin has broken below $77,000, following $290.4 million in net outflows from Bitcoin ETFs on Friday, while Ethereum ETFs…
Why is the crypto market down today? Bitcoin, Ethereum, XRP, Litecoin, and major altcoins plunged as ETF demand weakened. The…
Other cryptocurrencies such as Ether, BNB and XRP also declined.
Bitcoin crash fears intensified after BTC briefly slipped below $60,000 for the first time since October 2024. The broader crypto…
