Bitcoin fell below 63,000 as investors reacted to dismal US economic data, a weakening stock market and fears of an AI industry bubble. Does data forecast a return to $90,000 by March?
Bitcoin touched new lows under $64,000 as market selling reached a historic level, and analysts warn that the bottom is not in. Does data support analysts’ sub-$60,000 prediction?
Ether is testing holder conviction with its price dip, with data showing continued selling by smaller holders and steady accumulation by larger investors.
Bitcoin’s 12-day ETF outflows, derivatives data and the crypto market in tandem trading with tech stocks suggest traders will continue to cut exposure to risk assets.