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via CoinDesk · By CoinDesk Staff
Why bitcoin (BTC) is falling: AI, tech IPOs, quantum, Strategy sale fears all converge, NYDIG says
BTC
BTC/USDT
$62,816.33
+0.10%
$62,816.33
+0.10%
(24s)24h Volume
$11,606,708,417.18
24h H/L
$63,999.00 / $62,569.37
Change: $1,429.63 (2.28%)
Long/Short
63.0%
Long: 63.0%Short: 37.0%
Funding Rate
+0.0047%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(04:00 PM UTC)
1 min read
1204 views
0 commentsBitcoin'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…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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