Strategy's Michael Saylor Blames 'Capital Rotation' Into AI as Bitcoin Dives 13%

BTC

BTC/USDT

$63,061.03

-0.02%

$63,061.03

-0.02%

(24s)

24h Volume

$2,355,374,683.39

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0024%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,071.30

▼ -0.02%

Volume (24h): -

Resistance Levels

Resistance 3$64,901.59

Resistance 2$63,882.58

Resistance 1$63,145.43

Price$63,071.30

Support 1$62,928.14

Support 2$62,275.00

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.1

Decrypt Editorial

(06:06 PM UTC)

1 min read

Michael Saylor pointed to the unprecedented AI buildout as a reason for Bitcoin's recent decline.
The Strategy chairman highlighted more than $4 billion in ETF outflows as proof of capital rotation.
Bitcoin has fallen alongside MSTR shares, dipping 22% and 30% respectively over the last month.

Strategy co-founder and chairman Michael Saylor said the flight of capital into artificial…