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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...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

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 below 100k seems inevitable,” said Standard Chartered Bank’s Geoffrey Kendrick just a few days ago. “It may be the last […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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