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Crypto & Bitcoin

Bitcoin crashes below $76,000 as AI bubble fears wipe $2.5 trillion from Wall Street

Reported by Oluwapelumi Adejumo, CryptoSlate

Image: CryptoSlate

Technology stocks plunged after the Democratic midterm sweep intensified concerns over AI spending, dragging Bitcoin lower as leveraged traders suffered heavy losses. Bitcoin hit an intraday low of $75,568 on Thursday and recovered to $76,830.67 as of press time, as a historic selloff in US technology stocks spilled into crypto markets and triggered more than… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

This is an excerpt. The reporting belongs to CryptoSlate.

Read the full report on cryptoslate.com
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