Bitcoin price may hit $24K if US stock market crashes by 50%, analyst warns
CoinTelegraph·
60-second summary
Bitcoin's price may plummet to $24,000 if the US stock market crashes by 50%, a warning from an analyst suggests. The worst-case scenario of $23,980 remains a possibility as weaker ETF flows and low US demand indicate big investors are still cautious, reflecting a broader market uncertainty that could impact cryptocurrency prices and investor sentiment.
Bitcoin’s drop to $23,980 remains the worst-case scenario as weaker ETF flows and low US demand show big investors are still cautious.