Yesterday, Bitcoin was recovering to $80,000
Today, it fell back below $76,000
But the most interesting thing isn’t on the BTC chart
The Nasdaq plunged nearly 6%, and semiconductor stocks fell around 11%
Wall Street is starting to question how much money is being spent on artificial intelligence and when the returns will arrive
And when investors pull out of risk assets, cryptocurrencies take a hit too
So before buying any dip, I’d look at what’s happening with tech stocks
Are we seeing an opportunity, or the start of a bigger correction?
$BTC #bitcoin #CryptoMarket
Today, it fell back below $76,000
But the most interesting thing isn’t on the BTC chart
The Nasdaq plunged nearly 6%, and semiconductor stocks fell around 11%
Wall Street is starting to question how much money is being spent on artificial intelligence and when the returns will arrive
And when investors pull out of risk assets, cryptocurrencies take a hit too
So before buying any dip, I’d look at what’s happening with tech stocks
Are we seeing an opportunity, or the start of a bigger correction?
$BTC #bitcoin #CryptoMarket