Bitcoin price dips fast as crypto joins Big Tech in market dive – DL News
- Bitcoin was largely unmoved this week — until Thursday.
- The biggest cryptocurrency brought down other major digital coins.
- Crypto sold off with stocks over AI spending fears.
Bitcoin’s price dipped hard on Thursday to a low of $83,757 as the crypto market experienced a sell-off sparked by investor fears around AI spending.
The biggest and oldest cryptocurrency was recently priced slightly higher at $83,788 after dropping over 6% over a 24-hour period, according to CoinGecko. Over the past week, it has dropped by 6% and is down year-to-date.
Ethereum also took a hit and was trading for nearly $2,792 — a 24-hour dip of more than 7%. While other major coins and tokens such as XRP and Solana also experienced similar daily drops.
The…
