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Noticed that Bitcoin is testing levels again since the start of the week. Against the backdrop of AI-related excitement causing turbulence in the tech sector, all risk assets are falling. Even gold and silver are moving down along with crypto.
According to current data, BTC is around $73.74K, having gained 2.8% over the week. But looking at the bigger picture — when large tech stocks decline, digital assets usually follow suit. The cryptocurrency sector is sensitive to investor risk sentiment.
Maybe this is just a correction before a new rise, or maybe a signal to be more cautious. It all depends on how long these AI concerns will last.