Bitcoin Nosedives as a Socialist Prepares to Take Over New York City and Fears of an AI Bubble Spark a Sell-Off in Stocks
The cryptocurrency plunged below $100K, triggering $470 million in liquidations, as long investors racked up the lion’s share of losses. Markets in Turmoil: AI Fears and a Socialist NYC Sink Bitcoin and Stocks “A dip bel...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Bitcoin Slides Below $81,000 as Hot US Inflation Revives Fed Rate Hike Fears
Bitcoin dropped below $81,000 after US inflation rose to 3.7%, briefly pushing Fed October rate hike odds to nearly 50%. ETF outfl...
Ethereum Price Prediction: ETH Bears Take Over in Latest Liquidation Bloodbath
Ethereum traded at $2,350, losing 6.5% of its market cap over 24 hours, after a liquidation-driven sell-off exposed how quickly le...
Bitcoin Price Prediction: Can BTC Rebound After a Brutal Sell-off?
Bitcoin is trading at $81,100, down 2.5% over 24 hours. The larger move has been rougher as it briefly slid toward $80,000 as soon...
Why Is Crypto Down? Hotter CPI Fuels Fears of Delayed Fed Rate Cuts
Why is crypto down? Bitcoin fell by 4% over 24 hours, while Ethereum lost about 6.5% as hotter U.S. inflation and a technology sel...
Bitcoin Slips Below $83,000 After Hotter-Than-Expected US Inflation Data
Bitcoin Magazine Bitcoin Slips Below $83,000 After Hotter-Than-Expected US Inflation Data The price of bitcoin slid Wednesday afte...
Binance Claims Fastest $1 Billion Sprint in bStocks With $6 Billion in Share Conversions
Binance has reported that its bStocks product crossed $1 billion in assets faster than any competing tokenised equity offering. Un...