Global Stock News

Bitcoin Breaks Below $73,000 as Nvidia Rout and ETF Outflows Batter Crypto — BigGo Finance

Bitcoin Breaks Below $73,000 as Nvidia Rout and ETF Outflows Batter Crypto — BigGo Finance

Bitcoin slid under $73,000 in Thursday morning trading, its weakest level since August, as a deepening selloff in Nvidia shares rippled through technology stocks and spilled into digital assets.

The largest cryptocurrency was down about 1.5% over 24 hours at roughly $72,900, according to market data cited in the reports. The broader crypto market shed about 2% and hovered just above a $2.5 trillion valuation, with Ethereum struggling to defend the $2,000 line and Solana sliding toward $80.

Ethereum fell 1.8% and XRP lost about 2%, trading just above $1, while Solana also dropped 1.8%. Retail sentiment toward Bitcoin on Stocktwits sank into “extremely bearish” territory over the past day, a reading that contrasts with the more moderate…

Source link

Share this article

Scroll to Top