BTC falls below 61k, global risk-off mode


Today BTC dipped below $60,909 during trading, dropping nearly 3% in 24 hours.
It's not crypto's own fault—the US stock chip sector collapsed (Philadelphia Semiconductor Index -7.9%), South Korea's KOSPI directly circuit-broke -10%, gold fell below $4,100, silver fell 6% in a day.
All risk assets and risk-free assets are falling together. This is called a liquidity panic.
Bank of America predicts the Fed will raise interest rates three times this year. The market is repricing "how expensive money is."
From the ATH of $126K to now $61K, it's more than halved. Now it's about who has bullets in hand.
#BTC #Bitcoin #美联储
#Global Markets
BTC-4.18%
GLDX-2.34%
PAXG-3.15%
XAUUSD-3.06%
XAGUSD-7.67%
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