The crypto was supposed to be a hedge against currency debasement. Instead, it is trading like just another speculative tech stock, erasing 50% of its value since an early October high.
The crypto was supposed to be a hedge against currency debasement. Instead, it is trading like just another speculative tech stock, erasing 50% of its value since an early October high.
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Key takeawys:Bitcoin fell below $63,000 as weak US job data and concerns over AI industry investments fueled investor risk aversion.Options...
Expect more downside if the benchmark index slides below 6,720.
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