Bitcoin teases $62K breakdown as analysis sees Micron earnings volatility next
Bitcoin stayed volatile while bulls tried to preserve support at local lows while stocks prepared for Micron forward earnings and digested Asia losses.
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Wintermute says Bitcoin absorbed risk first as a hawkish Fed, stalled Iran talks, ETF outflows, and weak demand keep crypto on edge now too.
Read full articleBitcoin stayed volatile while bulls tried to preserve support at local lows while stocks prepared for Micron forward earnings and digested Asia losses.
SpaceX’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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The AI-powered bull run in global stock markets was challenged this morning with major price corrections across the board.