Bitcoin Drops Below $65,500 as Macro Risks Trigger Risk-Off Market Move, MSTR and COIN Fall
Bitcoin has retreated below $65,500 on Friday as mounting macroeconomic concerns pushed investors away from risk assets, erasing most of the cryptocurrency’s midweek gains. The largest cryptocurrency fell 3% from around $68,000 to $65,600 in early U.S. trading, with major altcoins and crypto-related equities following suit in a broader market selloff. A hotter-than-expected U.S. producer…
