Bitcoin prices fell nearly 4.2% over the past day, going as low as $65,603 per token before slightly recovering to hover around $67,000. This price action was observed as the MSCI All Country World Index reached a new record high, driven by the AI rally.
The broad crypto market sell-off accelerated overnight even as global stock indexes hit fresh highs. Yesterday, even SpaceX reportedly sought to raise $75 billion during its initial public offering expected next week.