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#Tech selloff

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Nvidia-Led Tech Selloff Weighs on Major Cryptocurrencies
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Nvidia-Led Tech Selloff Weighs on Major Cryptocurrencies

Key Highlights: Widespread risk-off sentiment pushed the cryptocurrency market into the red, with only five of the top 100 assets—including Arbitrum ($ARB), Render (RNDR), and Pepe (PEPE)—posting gains of 1% or more. Over $1.1 billion in crypto positions were liquidated over the past 24 hours as total futures open interest dropped by 3% to approximately ...

Bitcoin Defies Tech Selloff as AI Safety Concerns Weigh on Stocks
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Bitcoin Defies Tech Selloff as AI Safety Concerns Weigh on Stocks

U.S. technology and artificial intelligence stocks declined in pre-market trading Monday after prominent industry leaders raised fresh concerns about the rapid pace of AI development over the weekend. While equities slid, cryptocurrencies moved higher, with Bitcoin gaining approximately 1% to $77,800 and Ether rising 1% to $2,500. AI Leaders Urge Caution on Development Speed Anthropic ...