🔸 #BTC

CME: Trader Jim Iuorio believes that the recent Bitcoin drop is due to two factors: the market's absorption of positive news after reaching a peak of $109,000, and institutional BTC sell-offs due to the Nasdaq's decline. The correlation between gold and Bitcoin is also weakening: since the end of March, gold has risen by 16%, while Bitcoin has fallen by 6%

#crypto #blockchain #bitcoin