Live markets: bitcoin's plunge continues, putting February $60,000 low back in play
Hex37's read
- Bitcoin's price continues to fall, nearing February's low of $60,000.
- Google announced a significant $80 billion capital raise.
- A portion of Google's funding comes from Berkshire Hathaway ($10 billion).
- The capital flow is directed towards AI, not the cryptocurrency market.
What it means for traders
- Bitcoin's downward trend suggests potential further losses, traders should be cautious.
- The strong investment in AI may divert capital away from crypto, impacting prices.
Affected markets
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