Community Articles

via CoinDesk · By CoinDesk Staff

Why bitcoin (BTC) is falling: AI, tech IPOs, quantum, Strategy sale fears all converge, NYDIG says

BTC

BTC/USDT

$63,061.02

-0.02%

$63,061.02

-0.02%

(24s)

24h Volume

$2,355,377,810.18

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

CoinDesk Staff

(04:00 PM UTC)

1 min read

Updated byDavid Kim

0 comments

Bitcoin's slide has no single cause. AI, tech IPOs, quantum, Strategy sale all play a role, NYDIG says

Not one, but several overlapping headwinds are hitting the crypto market at once, weighing on bitcoin's price, the firm's head of research Greg Cipolaro said.

Bitcoin BTC$62,087.59 dropping below $60,000 to a fresh cycle low has left investors searching for a culprit. According to Greg Cipolaro…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

CoinDesk Staff · CoinDesk

Read original →

Live BTC price →More BTC news →

Comments