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via CoinDesk · By CoinDesk Staff
Bitcoin price news: BTC may face deeper losses as capital chases AI stocks, K33 says
BTC
BTC/USDT
$62,995.00
-0.06%
$62,995.00
-0.06%
(24s)24h Volume
$2,188,539,597.67
24h H/L
$63,175.00 / $62,946.58
Change: $228.42 (0.36%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0033%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(06:42 PM UTC)
1 min read
Bitcoin set for 'choppy summer' as capital chases high-flying AI stocks, K33 says
The firm still views bitcoin as undervalued relative to equities, but says investors are rotating into AI stocks as the opportunity cost of missing gains by holding BTC is too high.
Bitcoin BTC$67,150.21 tumbling to $67,000 may signal a challenging summer ahead as investor capital continues flowing into artificial…
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