Bitcoin Wavers at $62K Amid Major Swings in Stocks, Gold; Memecoins Falter as Profit-Taking Sets In

“It feels like there is less mental bandwidth for traditional finance players to think about crypto given the preponderance of macro narratives and tradable opportunities around Israel/Iran, China stimulus, the Fed cuts, and Trump election odds,” Joshua Lim, co-founder of crypto trading firm Arbelos Markets, said in a Telegram message.