Bitcoin slump worsens amid SpaceX rout: Can BTC price hold $60K any longer?
SpaceX’s $600 billion wipeout rattles tech markets, putting Bitcoin’s $60,000 support at risk as traders brace for a deeper BTC selloff.
CoinJournal·
Key takeaways Bitcoin remained under pressure after Iran announced that it would not permit inspectors from the International Atomic Energy Agency (IAEA) to access its damaged nuclear facilities, The leading cryptocurrency has dropped to the $62,300 level, down 3.5% in the last 24 hours. Bitcoin (BTC) continued to trade below the $63,000 level on Tuesday […] The post Bitcoin remains under pressure below $63K as US-Iran negotiation uncertainty persists appeared first on CoinJournal.
Read full articleSpaceX’s $600 billion wipeout rattles tech markets, putting Bitcoin’s $60,000 support at risk as traders brace for a deeper BTC selloff.
Losses spread globally as investors questioned soaring valuations and spending on AI infrastructure A tech sell-off shook global markets on Tuesday as attention turned away from developments in the US war with Iran and toward the future of AI companies and chipmakers that have driven stock markets to record highs. The tech-heavy Nasdaq index opened 2% lower on Tuesday. The Dow and S&P 500 were also down at opening. Continue reading...
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