Bitcoin Price Dives Below $77K as US Stock Markets Hit Record Highs

The price of Bitcoin has declined to under $77,000, following a trend seen throughout the week where the start of US trading puts pressure on crypto markets.

Data from TradingView showed BTC/USD retreating by nearly 1.2% at the Wall Street open, diverging from stocks that reached fresh all-time highs.

Market analysts, including Mosaic Asset Company, believe conditions could favor a broader stock-market push higher in the near-term.