Bitcoin fell below $100,000 on Monday, hitting its lowest in 11 days, in a move analysts attributed to a wave of caution after the surging popularity of a Chinese artificial intelligence model sparked a selloff in Western AI-related stocks.
Bitcoin and other cryptocurrencies tumbled as the emergence of a new Chinese artificial intelligence model triggered a global selloff in riskier assets.
Closely-watched crypto trader Arthur Hayes has warned of a looming "financial crisis" that he expects to unleash fresh Federal Reserve stimulus
Bitcoin has sunk below $100K as analysts are calling for a sharp correction that could see it fall all the way to $70,000.
Bitcoin price edges below $100,000 support on Monday after hitting a new all-time high of $109,588 the previous week. The recent price decline has triggered a wave of liquidations across the crypto market,
Governments and institutions have increasingly accumulated Bitcoin, but individuals hold the majority of BTC supply, which underscores its decentralized ethos, according to Trezor.
Bitcoin fell below $100,000 for the first time since US President Donald Trump took office on Jan. 20, as global markets reacted to rising competition in the AI sector and shifting monetary policies. The world’s largest cryptocurrency by market capitalization dropped to as low as $98,046 on Jan. 27.
A leak has revealed Elon Musk could be planning to use bitcoin-inspired blockchain technology to power his Doge
Bitcoin (BTC) edges below $100,000 support and falls nearly 4% at the time of writing on Monday after hitting a new all-time high of $109,588 the previous week. The recent price decline has triggered a wave of liquidations across the crypto market, resulting in $860.55 million in total liquidations in the last 24 hours.
Hopes that bitcoin can be a useful hedge from market turmoil are once again being dashed. The crypto currency is diving 4% to relinquish the $100K level as the sector is caught up in the broader market's risk off mood.
Bitcoin hit a new high as President Donald Trump made big moves after his inauguration—like freeing Silk Road founder Ross Ulbricht.
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