Bitcoin Price Crashes 9% as Investors Redirect Capital to AI and Space Deals

The post Bitcoin Price Crashes 9% as Investors Redirect Capital to AI and Space Deals appeared first on Coinpedia Fintech News

Bitcoin dropped about 9% as investors reacted to a mix of market pressures, including large capital raises by major AI and space companies. Traders suggest some institutions are selling crypto holdings to free up cash for opportunities linked to firms such as SpaceX, OpenAI, Anthropic and Alphabet, which together could attract hundreds of billions of …