Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets

Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets

Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest daily gains, major cryptocurrencies remained under weekly pressure, with ETF outflows, macroeconomic data and market volatility influencing investor appetite.

Weekly Report: Crypto Market Erases $100B Rally as Bitcoin, XRP Prices Slide

The crypto market endured a volatile first week of November, briefly gaining approximately $100 billion following the U.S. midterm elections before surrendering those gains amid a global technology stock sell-off. Post-Election Rally Gives Way to Global Market Sell-Off The crypto economy endured a volatile first week of November, with its market capitalization rising by $100 […]

Bitcoin Holds $76K as $10K Crash Debate Intensifies

Bitcoin traded near $75,963 on Saturday, up 0.5% in 24 hours and down 1.6% over the week, while market commentators argued over what a falling Nasdaq could mean for the largest cryptocurrency.  Bear Case Bloomberg’s Mike McGlone says the call he made in the first quarter of 2025, when Bitcoin was above $100,000, remains his […] Read The Full Article Bitcoin Holds $76K as $10K Crash Debate Intensifies On Coin Edition.