Bitcoin's recent drop below $60,000 signals Fed, ETF and AI pressures: Deutsche Bank
Bitcoin's slump to its lowest level since late 2024 reflects a hawkish Federal Reserve, exchange-traded fund outflows and a shift of capital into AI, the bank said.
Bitcoin's slump to its lowest level since late 2024 reflects a hawkish Federal Reserve, exchange-traded fund outflows and a shift of capital into AI, the bank said.
Summary aggregated from CoinDesk's public RSS feed. The full reporting belongs to CoinDesk — please read it on their site.