Bitcoin Whales Just Bought the Biggest BTC Price Dip of This Cycle

The Bitcoin price fell 3.89% in the last day, down to $62,649.88. A risk-off wave hit global markets, and Big Tech sold off hard. That pushed investors out of riskier assets and into safer ground. Crypto took a heavier hit than equities, with Bitcoin maintaining a 97.6% correlation with the S&P 500 during the move.