Bitcoin's price has plummeted below the $60,000 mark, marking a significant drop in the value of the world's most actively traded digital asset. The sudden decline is attributed to a shift in investor sentiment, as retail investors increasingly turn their attention to AI-related stock bets. As the tech world continues to grapple with the rapid advancements in artificial intelligence, investors are pouring their money into companies at the forefront of this revolution. Meanwhile, Bitcoin's reputation as a safe-haven asset and store of value is being put to the test, raising questions about its long-term viability in a rapidly changing market.
Price of world’s most actively traded digital asset falls below $60,000 amid shift by retail investors to AI-related stock bets
