Bitcoin Caught in Crossfire as Tech Stocks Unravel
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Bitcoin was dragged lower as a correction in AI-driven tech stocks triggered broad risk-off sentiment, with crypto trading reflecting increased correlation to equities. The move elevates short-term downside risk and volatility for BTC as institutional flows and derivatives positions could amplify selling pressure. Monitor spot volumes, exchange inflows/outflows and open interest for signs of stabilization or a decoupling from equity markets.
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