Bitcoin price drops to $62.5K as trader warns weekly close may spark more losses

AI Summary Bitcoin falls further toward new August lows, ignoring positive US inflation trends while US stocks continue to circle all-time highs. fulltext: 134 chars | fulltext source: rss-fallback | summary method: extractive Original: https://cointelegraph.com/markets/bitcoin-price-drops-trader-warns-weekly-close-may-spark-more-losses?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Source: CoinTelegraph