Bitcoin Drops to $63,000 Amid $400 Billion Shift to AI Investments
Bitcoin Falls To $63,000 As Ethereum, XRP, Dogecoin Slide 4% On $400 Billion AI Capital Rotation

Image: Benzinga
Bitcoin's value fell to approximately $63,000 as cryptocurrency markets faced a downturn, driven by a $400 billion capital shift towards AI investments. This decline resulted in over $1 billion in liquidations, intensifying market fears and leading to significant outflows from Bitcoin and Ethereum ETFs.
- 01Bitcoin traded at $63,346.75, while Ethereum was at $1,765.65.
- 02More than 288,483 traders were liquidated in the past 24 hours, totaling around $1.74 billion.
- 03Net outflows from spot Bitcoin ETFs reached $396.6 million, while Ethereum ETFs saw outflows of $52.9 million.
- 04Bitcoin's market remains in a downtrend, with traders monitoring the $60,000 support level.
- 05Analysts suggest Bitcoin could potentially exceed $120,000 before the next halving in April 2028.
Advertisement
In-Article Ad
On Thursday, Bitcoin's price dropped to around $63,000, continuing a downward trend in the cryptocurrency market, which has seen over $1 billion in liquidations. This decline is largely attributed to a significant $400 billion capital rotation towards artificial intelligence investments, as noted by Michael Saylor, executive chairman of Strategy. Data from Coinglass indicates that 288,483 traders were liquidated within 24 hours, resulting in losses of approximately $1.74 billion. Additionally, spot Bitcoin ETFs experienced net outflows of $396.6 million, while Ethereum ETFs saw $52.9 million in outflows. The market is currently in a bearish phase, with analysts observing whether Bitcoin can maintain support above $60,000 or risk breaking below this critical level. Some traders speculate that Bitcoin's market cycles are accelerating, potentially leading to new all-time highs before the next halving in April 2028.
Advertisement
In-Article Ad
The decline in Bitcoin and other cryptocurrencies could affect investor confidence and market stability, impacting those heavily invested in digital assets.
Advertisement
In-Article Ad
Reader Poll
What do you think about the recent decline in cryptocurrency prices?
Connecting to poll...
More about Strategy
Read the original article
Visit the source for the complete story.







