Bitcoin drops below $62,000 as $1.5 billion in crypto longs get wiped out

By Sam Reynolds

Bitcoin drops below $62,000 as $1.5 billion in crypto longs get wiped out

Presto Research says bitcoin's drawdowns this year have coincided with rallies in AI stocks and gold as markets scale back expectations for Fed rate cuts.

Not financial advice. Do your own research before making investment decisions.

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