Analysts and market observers are saying bitcoin’s crash is happening due to traders chasing momentum and rotating out of crypto and into high-flying IPOs and AI stocks.
Live Markets: Bitcoin crashes to $62,000 as billions of longs get liquidated
Trending
- Health Experts, What “Wellness” Trend Are You Begging People To Stop Falling For Because It’s Actually Dangerous?
- Alex Cooper Addresses Rumors About Her Marriage To Matt Kaplan
- Your sexual orientation appears to have an intriguing impact on how bound you feel by traditional career expectations
- Regulators’ proposed prediction markets rules ban trading on terrorism, assassinations
- Bank of Canada holds interest rate at 2.25%
- North Carolina Treasurer passes on SpaceX citing valuation concerns; favors OpenAI, Anthropic
- Major exchange unveils AI platform that could change trading forever
- JPMorgan says tax refunds no match for American gas spending
