US Stock Market Crash Could Trigger Bitcoin Price Fall Toward $63,000
Photo: Coinpedia
Bitcoin Price could face another decline if the US stock market enters a major correction, with market analyst identifying $63,000 to $75,000 as a potential support zone. Historical data shows that Bitcoin has generally suffered larger losses than US stocks during major market sell-offs, raising concerns about the impact of a possible 20% drop in the S&P 500. Investors often reduce exposure to risky assets during market sell-offs, which can put pressure on both stocks and cryptocurrencies. Bitcoin has shown this pattern during previous market downturns.
Source: Coinpedia
