Bitcoin dips back below 67k this afternoon

Since peaking earlier today above 68k, Bitcoin has been tracking lower and the downside move certainly accelerated as the US equity markets fell further into the red and the dollar picked up some ground. It is not exactly a risk off environment, as the losses stateside in the equity space are light in percentage terms. However, it has also been a while since we even saw any downside at all, so when it comes it tends to get slightly more accentuated by risk assets. Look whatever anyone says, BTC is a risk asset and as bigger one as you are ever likely to find quite honestly. So perhaps it is also understandable to see it succumb to a bit of profit taking this afternoon given the developing back drop. Bitcoin has fallen back to as low as 66,612 a short while ago, after peaking earlier today at 68,513. It has just now rebounded a little more, currently trading at 67,195