Why Is Crypto Down Today? Bitcoin & Tech Stocks Fall as Economic Strength Challenges Rate Cut Hopes

Bitcoin and other cryptocurrencies are taking a dive today, and it’s not just limited to crypto. Tech stocks are also feeling the pressure. What’s driving this downturn? In this video, we break down how stronger-than-expected economic growth is challenging investor hopes for interest rate cuts. With inflation staying persistent, the Federal Reserve may keep rates higher for longer, which could impact risk assets like Bitcoin and tech stocks. Join us as we explore what’s going on in the markets and what it means for your portfolio.