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Bitcoin trades below $80,000 as Nasdaq and gold hit yearly lows

Bitcoin trades below $80,000 as Nasdaq and gold hit yearly lows
Source: en.coin-turk.com

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Summary

  • Bitcoin remained under pressure on Friday, trading below $80,000 as US equity and precious metals markets experienced broad declines at the Wall Street open.
  • Renewed concerns about artificial intelligence sharply impacted risk assets, driving a pronounced market sell-off.
  • Wall Street Sell-Off and Market Reactions Bitcoin hovered near the $77,000 level as US markets opened with significant losses.
  • The tech-focused Nasdaq Composite Index dropped to approximately 25,500, its lowest point since early August.
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