20 Articles
20 Articles
Reformatorisch Dagblad
Bitcoin dropped sharply in value on Thursday as the sell-off of tech stocks on Wall Street spilled over into risky investments such as cryptocurrencies. The world's largest cryptocurrency was trading for around $76,000, representing a daily loss of around 5 percent.
Bitcoin Drops 6% to Seven-Week Low as US Stocks Sell Off
Bitcoin fell more than 6% to a seven-week low on Thursday, dropping below $76,000 as US stocks reversed their post-midterm election gains and investors moved away from riskier assets. According to TradingView data, BTC/USD touched $75,463 on Bitstamp, its lowest level since September 16. The decline also pushed Bitcoin briefly below its 50-week simple moving […]
Bitcoin Drops 6% to 7-Week Low as US Stocks Give Up Election Gains
Bitcoin slipped below $76,000 on Thursday, extending a sharp risk-off turn after a midterm election-driven equity rally began to unwind. BTC/USD traded as low as $75,463 on Bitstamp, its weakest level since Sept. 16, as sell pressure spread across stocks—especially technology. The move also put a widely watched technical reference under pressure: during the sell-off, [...]
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