BTC Could Suffer Deeper Losses As Capital Chases AI Stocks, Says K33
Bitcoin BTC$67,521.66 a drop to $67,000 could signal a tough summer ahead as investor capital continues to flow into artificial intelligence (AI) stocks and away from crypto. In a report released Tuesday, Vetle Lunde, director of K33 Research, said Bitcoin’s weakness reflects declining institutional demand, strong ETF outflows and growing vulnerabilities in derivatives markets. “Much […]
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