What Happens If the Bitcoin Sell-off Continues?

Baystreet
2026.06.09 14:25
portai
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Bitcoin dropped from over $120,000 to under $59,999 due to selling pressure and stronger US dollar appeal. With a 50% chance of falling below $50,000 by year-end, investors are shifting toward treasury ETFs yielding 3.9%-4.6%. Crypto platform stocks like Coinbase and SoFi face high short interest as bears predict downside, while conservative investors avoid digital bank peers Nu Holdings and PayPal.