Bitcoin trades at lowest value since early 2024, as investors bet on high-profile IPOs, AI-related stocks

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.

A renewed rout in semiconductor stocks pulled risk assets lower again, and crypto kept sliding. Bitcoin is down 5% on the week, with ether and the memecoins falling harder.

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…

K33 Research warns Bitcoin faces a choppy summer as spot ETF outflows hit 62,794 BTC and institutional capital rotates into AI stocks and upcoming tech

South Korean memory chip giant on Wednesday filed to raise nearly $30 billion in a U.S. offering.

Bitcoin dropped below $60,000 as more than $650 million in crypto positions were liquidated and crypto related stocks sold off.

Bitcoin dropped below sixty thousand dollars for the first time since late 2024, dragged down by the same chip and AI stock selloff hitting world markets.

Bitcoin, now in the eighth month of its bear market, dropped to an October 2024 low amid a pullback in tech stocks.

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.

Bitcoin slid below $60,000 and Ether fell harder still on Wednesday, as a selloff in AI and semiconductor stocks and rising bets on a Federal Reserve rate hike pushed investors…

Preço fica abaixo de US$ 60 mil em meio à migração de investidores de varejo para ações ligadas à IA

Bitcoin trades at lowest value since early 2024, as investors bet on high-profile IPOs, AI-related stocks