Bitcoin falls below $60K as Fed fears and AI trade weigh on crypto
Bitcoin slid below the $60,000 mark on Thursday, extending its prolonged decline. Investors reassessed the outlook for risk assets amid the Federal Reserve’s increasingly hawkish stance and continued enthusiasm around artificial intelligence-linked investments. The world’s largest cryptocurrency briefly plunged 5% during the US session to around $58,000, its weakest level since 2024. Bitcoin later recovered […]