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via Cointelegraph · By Cointelegraph Staff
Bitcoin Drops 1% as New Dow Jones All-Time High Sees Stocks Leave Crypto Behind
BTC
BTC/USDT
$63,112.05
+0.11%
$63,112.05
+0.11%
(24s)24h Volume
$2,114,349,657.36
24h H/L
$63,175.00 / $62,968.45
Change: $206.55 (0.33%)
Long/Short
68.1%
Long: 68.1%Short: 31.9%
Funding Rate
+0.0034%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(03:40 PM UTC)
1 min read
Bitcoin (BTC) faced familiar selling pressure on Friday as US stock markets began setting fresh record highs.
Key points:
- Bitcoin and crypto markets diverge from US stocks, with the Dow Jones pushing into price discovery at the Wall Street open.
- Analysis sees further potential upside for stocks coming next, including S&P 500 participants.
- BTC price action battles weak US demand as Binance buyers…
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