With $1.9 billion exiting the spot Bitcoin ETFs and tech stocks under pressure, BTC is failing as a hedge and at risk of falling below the $60,000 support.
Related posts:
Price predictions 5/27: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ZEC, ADA, XMR
Bitcoin falls further as BTC miners pivot to AI, pro-crypto legislation stalls
Bitcoin enters cooldown phase under $75K as ‘active distribution’ rises
Bitcoin volatility is down 56% but analysts still expect up to 20% BTC price move