Bitcoin Price Today Drops Below $71K as Global Tech Sell-Off Rattles Risk Assets
The Bitcoin price dropped sharply below $71,000 on Tuesday as global markets experienced a broad sell-off in technology and growth-oriented assets. The slide in cryptocurrency values came as investors reduced exposure to risk assets, including tech stocks, amid worries over rising interest rates, slowing economic growth, and profit-taking in high-valuation sectors. The move reinforced the sensitivity of digital assets like Bitcoin to shifts in traditional markets and showed how macroeconomic pressures can influence even assets outside of the stock market.
Continue Reading on Meyka
This article is available in full on our main platform. Get access to complete analysis, stock insights, and more.
Read Full Article →
