Bitcoin in danger of dropping to $60,000, with Zcash bulls turning their backs on ZEC

Bearish-17.16%
5 Jun, 06:18
Source: CoinDesk

AI Summary

Broadcom's disappointing AI-chip sales outlook triggered profit-taking across AI bets and crypto markets, with Bitcoin facing potential drop to $60,000 and Zcash losing bullish support.

AI bets are recording rapid profit-taking as Broadcom as outlook for AI-chip sales fell short of high expectations, driving down crypto markets.