Bitcoin’s recent price drop is not linked to the US government shutdown or AI bubble fears, according to analysts. The plunge from all-time highs in October is attributed to high futures leverage. Bitcoin is down 13.90% in the last 30 days. Nvidia’s record earnings also dismiss AI bubble concerns. Analysts believe Bitcoin now has a clean slate for potential upside. The end of the US government shutdown may lead to more crypto ETF approvals.

Read more at Cointelegraph: Bitcoin Price Slump Not To Be Blamed On US Government Or AI