Bitcoin Stalls at $65K as AI Stocks Plunge
Bitcoin has remained stable around $65,000 despite the sharp decline in AI-related tech stocks, including Nvidia. According to analysts, the upcoming Federal Reserve decision and key economic data will be crucial in determining whether Bitcoin breaks above $67,300 to start a new rally or falls back to June lows near $52,000-$58,000.
Some experts see Bitcoin's resilience as a sign of decoupling from traditional markets, while others warn of weak buying interest and selling pressure that could limit gains without stronger demand and ETF inflows. Investors will also be watching major tech earnings and inflation data this week for further market direction.