Bitcoin Price Under Pressure from Multiple Factors

Bitcoin's price has been under pressure this year, falling over 30% despite a favorable macro backdrop. Several factors are contributing to the downward trend, including the growing interest in AI-related equities.

The spotlight has shifted dramatically toward artificial intelligence and next-generation technology companies, attracting significant speculative capital that might otherwise have flowed into cryptocurrencies. This shift is reflected in the performance of Bitcoin compared to US equity indices, which continue to push to record highs.