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. 

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.

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