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Bitcoin drops to 11-day low amid tech selloff

Bitcoin drops to 11-day low amid tech selloff

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.The world's biggest cryptocurrency struggled to make gai…

Bitcoin Eases After Brief Return Above $100K — Market Talk

Bitcoin Eases After Brief Return Above $100K — Market Talk

0952 GMT - Bitcoin eases after briefly returning above $100,000 following an unexpected fall in U.S. core inflation data Wednesday. The softer-than-expected inflation data and renewed optimism over potential crypto-friendly policies from U.S. President-elect Donald Trump boosted bitcoin earlier, Sax…

Bitcoin's Recent Price Action Signals Shaky Start to Year — Market Talk

Bitcoin's Recent Price Action Signals Shaky Start to Year — Market Talk

1142 GMT - Bitcoin's volatile movements this week signal a shaky start to 2025 for cryptocurrencies, LMAX Group strategist Joel Kruger says in a note. The recent volatility is largely related to swings in sentiment in traditional markets with crypto assets showing a stronger correlation to U.S. equi…