Bitcoin on Tuesday remained stubbornly low at roughly $61,000 after a brutal week of trading – and analysts are sounding the alarm that more downside could be in store as investors pivot to flashy artificial intelligence IPOs. The cryptocurrency briefly dropped below $60,000 last week – its lowest level since October 2024 and more than 50% off its record high last year above $126,000. It marked Bitcoin’s worst week since the FTX crash of 2022, when Sam Bankman-Fried’s embezzlement scandal

Tag-uri: Bitcoin