I just noticed that Bitcoin has only risen to $72,680, but recent market action has been very hard to follow. Last week, it dropped sharply from higher levels due to a major selloff in US equities. The S&P 500 and Nasdaq fell over 1%, and software stocks faced even more pressure — the IGV ETF dropped another 5% and hit a 52-week low. I see this pattern: when the tech sector starts to have problems, crypto follows immediately. Bitcoin is now acting more like a high-beta risk asset, no longer the "digital gold" narrative it used to be. Investors are retreating from all speculative assets while still worried about AI's impact on traditional software business models. Private equity stocks are also declining — Blackstone, Ares, Apollo are all down 6-8% in recent days due to credit concerns. So currently, Bitcoin remains in the $60K-$70K range as the market waits for clarity on tariffs and global economic conditions. No clarity, no rally. Liquidity is still tight, so small risk events can turn into big moves quickly.