While analysts broadly agree that AI and crypto are not mutually exclusive themes, views diverge on whether an AI correction could eventually benefit Bitcoin.
Analysts attributed the decline to a combination of profit booking by large holders, softer risk appetite, concerns over financing risks at Strategy Inc.
Gracy Chen, CEO, Bitget, in an email interview with Kumar Gaurav, said Bitcoin has historically been highly sensitive to liquidity cycles, noting that periods of volatility are not unusual
Analysts noted that the scale of the unwind indicates that the downturn was driven not just by spot selling but also by aggressive deleveraging in derivatives markets
Bitcoin Pizza Day commemorates the first real-world Bitcoin transaction, when programmer Laszlo Hanyecz paid 10,000 BTC for two pizzas on May 22, 2010.
At the same time, flagship digital asset Bitcoin has continued to show relative strength, outperforming gold and the S&P 500 since the start of the US-Iran conflict, gaining roughly 7 per cent while
With deep digital penetration and a young, tech-savvy population, India, Seker believes, is a market unmatched globally for meaningful blockchain adoption and innovation
On a weekly basis, the flagship token Bitcoin has surged 9.13 per cent from $65,969.78 recorded on March 8, while Ethereum posted a gain of nearly 11 per cent from $1,936.60 on the same date
Over the past five weeks, Bitcoin has repeatedly faced resistance near the $74,000 level, suggesting the market is still searching for fresh catalysts before attempting a decisive breakout
Bitcoin price prediction: Hougan argues that Bitcoin should be analysed as an emerging store-of-value asset similar to gold rather than purely as a speculative investment
According to analysts, the muted moves across large-cap tokens suggest investors are awaiting stronger macro triggers before taking aggressive risk positions
Crypto Market: Meanwhile, early signs of capital rotation are emerging as inflows into Bitcoin investment products resume, while some profit-taking appears to be occurring in gold
According to the data, 62 per cent of women respondents said they are very likely to invest in crypto in the next 6-12 months, while another 23 per cent said they are somewhat likely to invest
Analysts said inflows into US spot Bitcoin ETFs and improving risk appetite have supported the broader rebound in digital assets, lifting Ethereum, Binance Coin, Solana, and XRP alongside Bitcoin
If Bitcoin continues to defend the $67,000-$68,000 band, analysts said it would reinforce the argument that the market is building resilience and could gather momentum above $70,000
