Bitcoin Slides to a Seven-Week Low Near $75,200 as AI Stocks Drag Wall Street Lower

Bitcoin Slides to a Seven-Week Low Near $75,200 as AI Stocks Drag Wall Street Lower

Bitcoin fell about 5.9% in the 24 hours to 3 a.m. ET Friday, sliding from about $80,360 to $75,620 on Binance as a selloff in artificial intelligence and chip stocks swept U.S. markets on Thursday. The drop erased the post-midterm rally that lifted bitcoin above $81,000 on Wednesday. Most of it came between 9 a.m. and 11 a.m. ET Thursday, around the U.S. stock market open, when the price fell from about $79,700 to $75,568. Bitcoin fell as low as…

Bitcoin Sinks to Seven-Week Low as Risk-Off Mood Deepens

Bitcoin and Markets on the Brink: Healthy Correction or a Trend Reversal?

The cryptocurrency market is once again under intense pressure following a sharp decline that has raised concerns among retail investors and major institutional funds. As volatility shakes portfolios, the central question is whether this is simply a technical correction or whether the bull cycle has finally reached its peak. Analyzing capital flows, liquidations, and on-chain ...

‘Extreme Fear’ Hits Bitcoin for the First Time in 3 Months as BTC Plummets

The asset nosedived by $10,000 in 20 days.

Bitcoin faces $70,000 risk after $2 billion loss

Bitcoin dropped below $75,000 on Friday as holders realized over $2 billion in losses over three days, driven by intensified exchange selling and rising US rate hike expectations. Read the original on Bitcoin holders book $2 billion loss as US jobs data hits. For more crypto news and analysis, visit TheCurrencyAnalytics.com.