Bitcoin (CRYPTO: BTC) dropped back below $63,000 on Thursday as the broader crypto market shed 4%.

Why Is Crypto Falling While AI Stocks Hit New Highs?

The divergence between crypto and AI-linked equities is widening sharply. 

Cipher Digital (NASDAQ:CIFR) hit new all-time highs up 10%, WhiteFiber (NASDAQ:WYFI) surged 15%, TerraWulf (NASDAQ:WULF) added 4%, Galaxy Digital (NASDAQ:GLXY) gained 4%, and IREN (NASDAQ:IREN) rose 3%.

Moreover, Kevin Warsh’s FOMC decision Wednesday is adding pressure. Warsh held rates but provided no forward guidance, leaving markets pricing only a 15% chance rates stay flat through December. 

Nine committee members already project a rate hike before year-end. The 2-year Treasury yield heading higher repeats the pattern seen before prior rate hike cycles, and a stronger dollar at current levels historically compresses crypto prices.

Why Are STRC And SATA Both At Record Lows On The Same Day?

Strategy Inc.’s (NASDAQ:MSTR) STRC preferred stock fell to a record low of $85.32 before bouncing to $86.20, still down 3.15%. 

The rotation narrative from STRC into Strive’s SATA for its daily dividend collapsed today as SATA also dropped 3.15% to $96.85, well below its $100 par value.

Has Bitcoin’s Recovery From $59,000 Already Failed?

Bitcoin broke back below the 0.382 Fibonacci level at $64,968 with the Supertrend flipping bearish again at $68,399. 

The full EMA stack sits overhead between $66,024 and $78,250. 

The 0.236 Fib at $62,725 is the last defence before retesting the June absolute low at $59,098. 

Reclaiming $64,968 and the Supertrend restarts recovery toward $66,024 then $69,940.

Did XRP’s 9% Breakout Just Get Completely Reversed?

XRP (CRYPTO: XRP) surrendered its entire June 15 breakout, falling back below the 20 EMA at $1.1989 and pressing on the 0.236 Fib at $1.1246. 

Losing that level opens a direct retest of the $1.0509 June lows. Reclaiming $1.1989 restarts recovery toward $1.2071 then $1.2440.

Is ADA Heading Back To Its June Lows At $0.15?

ADA (CRYPTO: ADA) dropped to $0.1613 with the descending trendline from January intact and both Supertrend at $0.1977 and SAR at $0.1898 stacked overhead as resistance. 

Losing $0.1500 puts ADA in uncharted territory toward $0.1400 then $0.1200. Reclaiming the Supertrend at $0.1977 targets $0.2200 then $0.2451.

Meanwhile, Ethereum (CRYPTO: ETH) dropped 5% and Solana (CRYPTO: SOL) is down 6.5% over the past 24 hours.

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