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Bitcoin hits 20-month low as market sentiment sours and investors chase AI instead
Bitcoin dropped below $60,000 to a 20-month low as $6.4 billion in US ETF outflows and a retail investor shift toward AI equities weigh on crypto markets.
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coindesk.com
Bitcoin's June fall below $60,000 highlights new institutional headwinds: Deutsche Bank
BTC's drop to its lowest level since late 2024 reflects a hawkish Federal Reserve, exchange-traded fund outflows and a shift of capital into AI, the bank said.
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economictimes.indiatimes.com
Bitcoin falls to $62,600 as investors trim risk exposure after AI stock selloff; technical indicators signal caution
Bitcoin slipped to around $62,600, extending losses amid a broader selloff in AI and technology stocks that triggered risk-off sentiment. ETF outflows, weak liquidity and a…
