Bitcoin Struggles to Break Through $64,300 Barrier

Bitcoin is currently trading at $64,068.82, down 0.42% in the last 24 hours, stuck below a crucial level of $64,300 for the fourth time.

The price has been holding steady between $63,958 and $64,508 despite global equity markets reaching record highs. This disconnect is worth attention, as it may indicate underlying market dynamics.

Historically, cheaper oil and lower yields have lifted non-yielding assets like Bitcoin. However, the crypto-native demand picture is not yet confirming this trend.