Bitcoin fell by 2.78% to $66,543, as investor sentiment is negatively impacted by a market rotation away from overvalued tech stocks towards more stable sectors. This shift has contributed to the overall weakness in the cryptocurrency market, which is already reeling from a recent selloff and has been further challenged by Wall Street’s first bitcoin-backed bond sale, which faced a tepid reception due to concerns over crypto volatility and regulatory scrutiny.
Bitcoin falls 2.8% to $66,543 amid investor shifts from tech stocks
