Bitcoin's price slid to its lowest point in two weeks as US stock markets remained flat at the end of the month, failing to follow Asia's recent rebound. The divergence put fresh selling pressure on the cryptocurrency, highlighting growing caution among investors.
While Asian markets showed signs of recovery, US equities hesitated, creating a mixed backdrop that weighed on risk assets like Bitcoin. This disconnect contrasts with previous sessions where global markets moved more in sync. Traders noted that the sideways action in US stocks dampened momentum for Bitcoin, which often mirrors broader market sentiment.
