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#tech stock sell-off

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Crypto Market Erases $100B Rally as Bitcoin and XRP Prices Slide: Weekly Report
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Crypto Market Erases $100B Rally as Bitcoin and XRP Prices Slide: Weekly Report

Key Highlights Bitcoin fell 2.5% over the week from $77,845 to $75,877, briefly slipping below the $75,000 threshold for the first time since late August. Major altcoins experienced pronounced declines following a tech stock sell-off, with XRP down over 7%, NEAR shedding 15%, and Hyperliquid dropping more than 12%. Bucking the downtrend, Tron and Zcash ...

Bitcoin Drops to $75,700 as AI Stock Sell-Off Sparks Crypto Liquidations
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Bitcoin Drops to $75,700 as AI Stock Sell-Off Sparks Crypto Liquidations

Key Highlights: Spot Bitcoin ETFs endured over $1.16 billion in cumulative outflows across three sessions leading up to early November, pausing briefly before fresh market turmoil. A sharp plunge across tech and artificial intelligence equities dragged the Nasdaq down 5.5% and Nvidia down 9.3%, intensifying pressure on broader risk-on assets like Bitcoin. Market analysts point ...

Bitcoin Drops Below $77,000 as Tech Stock Sell-Off Hits Crypto Market
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Bitcoin Drops Below $77,000 as Tech Stock Sell-Off Hits Crypto Market

Key Highlights: Bitcoin fell roughly 2%, slipping below $77,000 and erasing all gains achieved during the prior day’s recovery attempt. Global equity weakness spilled over from the United States into Asia, with South Korea’s KOSPI index plunging over 3% amid broad tech and semiconductor sell-offs. Major altcoins faced sharp downward momentum, led by Zcash (ZEC) ...