Bitcoin Tumbles to $64,000 While IBM Plunges 11% as AI Fear Spreads Through Markets

Bitcoin just took another nosedive, dropping to around $64000 as the crypto market continues its downward spiral. The world largest cryptocurrency has been hammered particularly hard as geopolitical and macroeconomic uncertainties spark a massive flight from risk-on investments. Were talking about a 4.8% drop in just 24 hours. Over 400000 BTC have been accumulated between $60000 and $70000 during this latest downturn, suggesting big players see this as a buying opportunity. Glassnode data shows aggressive dip buying as the market retraces. The volatility is insane and with macro uncertainty, who knows where this lands.