₿ Bitcoin Follows Gold Lower, Slips Back Toward $61K
Bitcoin continued its decline alongside gold, falling back toward the $61K region as markets remain under pressure from rising rate expectations and a stronger U.S. dollar.
📉 U.S. stock markets have now opened, while investors are closely watching tonight’s earnings report from Micron — one of the world’s largest memory chip makers.
⚠️ Markets expect a highly volatile session for:
• AI semiconductor stocks
• Nasdaq & tech equities
• And broader risk assets, including crypto
The report is being viewed as another key test of whether AI demand is still strong enough to justify current valuations across the sector.
🏛️ At the same time, growing expectations of another Fed rate hike continue weighing on non-yielding and risk-on assets across global markets.