Bitcoin Charts Its Own Path as $60K Looms
Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals for the best automated trades – https://telegram.me/binancefuturesignal Bitcoin’s slump accelerated as capital rotated further into the AI sector, raising the odds of a BTC price drop below $60,000. Bitcoin's sudden decoupling from a strong Nasdaq index highlights shifting capital flows into the AI sector. A strengthening US dollar and high Treasury yields are weighing heavily on non-yielding crypto assets. Bitcoin (BTC) faced a 7% correction after failing to reclaim the $67,200 level on Monday, triggering $330 million liquidations in bullish leveraged positions. More concerningly, the drop happened while the Nasdaq 100 index showed strength, trading 1% away from its all-time high. Should Bitcoin traders brace for a $60,000 retest? The bullish momentum in the stock market likely came from the memorandum of understanding signed by US President Donald Trump...