• Bitcoin slips below $67,000 as software stocks continue to plunge The most important indicator for bitcoin’s price direction at the moment is the iShares Tech-Software ETF, and it’s down another 3% on Tuesday. • What to know: Bitcoin fell below $67,000 in early U.S. • trading hours on Tuesday. • Crypto’s fall came alongside a continued rout in software stocks, with the IGV ETF down another 3% and now 32% lower since October. • Consolidation expected as crypto searches for a new narrative strong enough to pull capital back from AI stocks and commodities, Wincent’s Paul Howard said. • Cryptocurrencies started the shortened U.S.
Article Summaries:
- Bitcoin slips below $67,000 as software stocks continue to plunge The most important indicator for bitcoin’s price direction at the moment is the iShares Tech-Software ETF, and it’s down another 3% on Tuesday. What to know: - Bitcoin fell below $67,000 in early U.S. trading hours on Tuesday. - Crypto’s fall came alongside a continued rout in software stocks, with the IGV ETF down another 3% and now 32% lower since October. - Consolidation expected as crypto searches for a new narrative strong enough to pull capital back from AI stocks and commodities, Wincent’s Paul Howard said. Cryptocurrenci
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