The Surprising Reason the SpaceX IPO Could Be Fueling the Bitcoin Sell-Off

09.06.26 12:00 Uhr

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On June 5, Bitcoin (CRYPTO: BTC) fell below $60,000 for the first time since September 2024 in lockstep with a broader decline in tech stocks that dragged the Nasdaq Composite (NASDAQINDEX: ^IXIC) down 4.2% for its worst day of 2026. Bitcoin is down more than 20% during the past month.Here's the surprising reason the planned SpaceX initial public offering (IPO) could be partially to blame for the crypto sell-off, as well as a look at whether Bitcoin is a good buy now.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

Quelle: MotleyFool