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The Nexus
BUSINESSJun 3 · 20:20 UTCBITCOIN MAGAZINEMicah Zimmerman

Bitcoin Price Crashes to Precarious Position Near $65,000 as Momentum Rotates Into AI, IPOs

Bitcoin's price fell to $65,000, down 12% weekly, as capital shifts toward AI stocks, gold, and tech IPOs. Analysts attribute the decline to Bitcoin losing momentum status and negative ETF flows, with Citi noting stalled regulatory progress on the Clarity Act.

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