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Crypto Plunges While Tech Rallies: Why Micron's Surge Couldn't Save Bitcoin

Crypto Plunges While Tech Rallies: Why Micron's Surge Couldn't Save Bitcoin

Bearish
BTC
Blockonomi

The cryptocurrency market experienced significant pressure this week as Bitcoin dipped beneath the $60,000 threshold, dragged down by spot ETF withdrawals and Federal Reserve hawkishness, while artificial intelligence-focused equities rebounded strongly following Micron's impressive quarterly performance.

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The original article is written in English.