Bitcoin decouples from tech stocks: Is $60K BTC’s next stop?
Bitcoin’s slump accelerated as capital rotated further into the AI sector, raising the odds of a BTC price drop below $60,000.
Key takeaways:
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.