Mastodawn

"#Bitcoin⚡hit a low of $59,023.98 on Wed, its lowest level since Oct 10, 2024. This is the 3rd time this year that bitcoin has traded < $60K. The flagship #crypto is being squeezed from: macroeconomic & industry-specific headwinds.

Capital🚨has been rotating into #AI stocks, hot IPOs & #PredictionMarkets. Meanwhile, inflationary pressures stemming from the Iran war have kept the Fed focused on combating #inflation..."