Bitcoin fell overnight to around $68,000, its lowest level since August, extending its decline to more than 20% since early October amid a series of market shocks that have weighed on cryptocurrencies. It was last trading near $67,240.
Analysts disagree about the reasons for the latest drop. Some point to investors accumulating cash ahead of Anthropic’s initial public offering, while others see it as reflecting a broader shift away from riskier assets.
#btc
Analysts disagree about the reasons for the latest drop. Some point to investors accumulating cash ahead of Anthropic’s initial public offering, while others see it as reflecting a broader shift away from riskier assets.
#btc