Analysts and market observers are saying bitcoin's crash is happening due to traders chasing momentum and rotating out of crypto and into high-flying IPOs and AI stocks.

Crypto markets continue to struggle even as risk markets across the globe surge higher.

Bitcoin drops below $70K, wiping out $450M in leveraged positions after a controversial BTC selloff by Strategy sparks market panic.

Open interest has risen to 773,000 BTC, one of the highest readings on record, while funding rates remain elevated despite weak spot demand and growing market fear.

Bitcoin plunged to nine-week lows around $65,000, wiping out $1.8 billion in crypto positions and raising fears of a deeper move toward $60,000.

Bitcoin trades at $65,853 as the Fear & Greed Index hits 11. ETF outflows, $1.8B in liquidations, and $50K calls dominate crypto.

Bitcoin price is holding a risky position near $65,000 Wednesday, down roughly 12% over the past seven days and trading at its lowest level since February as

Bitcoin falls below $64,000, triggering $1.1B in liquidations. Bitcoin reaching $90K in June 2026 at 0.8% YES.

The selloff has triggered demand for protective options plays, pushing the fear gauge higher.

Analysts and market observers are saying bitcoin's crash is happening due to traders chasing momentum and rotating out of crypto and into high-flying IPOs and AI stocks.

Presto Research says bitcoin's drawdowns this year have coincided with rallies in AI stocks and gold as markets scale back expectations for Fed rate cuts.

BTC price crashed to $61,300 before recovering to $62,500 as $3 billion in liquidations hit over two days and traders loaded up on $60,000 puts anticipating further losses.

Bitcoin has dropped 17% in four days, sparking $4.5 billion in liquidations, as analysts warn of a potential move below $60,000.

Bitcoin dropped to $60,000 as $1.76 billion in crypto liquidations hit in 24 hours, driven by ETF outflows, leverage cascades, and macro headwinds.

BTC dipped to $61,310 amid a $1.73 billion liquidation wave. Analysts from Grayscale, Bitget, and Nansen weigh in on the macro stress.