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Key takeawys:
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Bitcoin fell below $63,000 as weak US job data and concerns over AI industry investments fueled investor risk aversion.
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Options markets show a 6% chance of Bitcoin returning to $90,000 by March.
Bitcoin (BTC) slid below $63,000 on Thursday, hitting its lowest level since November 2024. The 30% drop since the failed attempt to break $90,500 on Jan. 28 has left traders skeptical of any immediate bullish momentum. The current bearish sentiment is fueled by weak US job market data and rising…
