Bitcoin rebound fades as software and private equity rout drags stocks and crypto lower
Bitcoin's recent rebound has lost momentum as broader market pressures from software and private equity declines negatively impact both stocks and cryptocurrencies. The cryptocurrency experienced a drop, reflecting a broader trend of risk aversion among investors. Concerns over economic stability and rising interest rates have contributed to this downturn. As a result, Bitcoin and other digital assets are facing increased volatility, with market sentiment shifting towards caution.
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