Bitcoin fell, affected by the bet on US interest rate hikes and the new Strategy plan.

Bitcoin remains under pressure after hitting a 21-month low overnight. One of the reasons for the weakness of the cryptocurrency is the expectation that the Federal Reserve may raise interest rates. David Morrison of Trade Nation said in a report that the news of the company Strategy, which hoards cryptocurrencies, possibly selling Bitcoin to raise more cash, is also not helping to boost market sentiment. "This is something that the company's founder Michael Saylor had previously said would never happen." He said that investors seem to be pulling out of cryptocurrencies and pouring into semiconductor stocks and any field related to AI.