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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

$79,622.01

-1.53%

$79,622.01

-1.53%

(24s)

24h Volume

$17,454,696,812.32

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.6%

Long: 52.6%Short: 47.4%

Funding Rate

-0.0020%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,697.72

▲ 0.05%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$80,811.61

Price$79,697.72

Support 1$79,507.02

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.5

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…

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CoinDesk Staff · CoinDesk

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