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Bitcoin Follows Tech Stocks Lower
Bitcoin drops below $100,000 in risk-off move as Nasdaq stocks are hit
Crypto is in a cooling period after running to a new record last week and was pulled lower by the DeepSeek-driven sell-off in tech stocks.
Bitcoin Follows Tech Stocks Lower as New AI App Rattles Markets
Bitcoin and other cryptocurrencies tumbled, following technology stocks lower, as the emergence of a new Chinese artificial-intelligence model triggered a global selloff in riskier assets.
Bitcoin falls along with tech stocks
Bitcoin fell below the $100,000 level for the first time in a week on Monday, along with the tumble of tech stocks, as fears around Chinese startup DeepSeek's AI progress weighed on investors’ sentiment.
Bitcoin drops 6% amid tech stock decline and AI market impact
The price of Bitcoin dropped to $97,800 per unit, marking a loss of over 6% in just one night, amid a decline in technology sector stocks. This decrease is attributed to several factors, notably the impact of the emerging Chinese AI company DeepSec and its lower-cost model,
Tesla, Bitcoin
Tesla reports $600 million bitcoin profit jump after digital assets rule change
A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market gain.
Tesla Books $600 Million Boost From Bitcoin After Accounting Change
Tesla Inc.’s holdings of Bitcoin gave its latest quarterly results a boost, courtesy of new accounting rules for digital assets.
Tesla stock rebounds after $600 million bitcoin gain
Tesla (NASDAQ:TSLA) reported a significant gain in its bitcoin holdings for the fourth quarter of 2024, attributing a $600 million increase to an updated accounting rule by the Financial Accounting Standards Board.
Hosted on MSN
2d
Bitcoin Holds Steady as NASDAQ Slides Signals Strong Bullish Momentum
Bitcoin is now witnessing a slowdown in the ongoing correction campaign as it gradually decouples from the bleeding U.S.
5h
on MSN
MicroStrategy Is A 'Lever For The Believer,' Says Mizuho, Initiates Coverage On Bitcoin's Levered Play With An 'Outperform' Rating
MicroStrategy Inc. (NASDAQ:MSTR) can benefit from the rising Bitcoin (CRYPTO: BTC) prices, and faster growth in its holdings ...
54m
on MSN
Here’s why DeepSeek crashed your Bitcoin and crypto
DeepSeek spooked US markets on news that the model’s developers were able to produce a worthy competitor to American AI firms ...
23h
on MSN
Why this Bitcoin proxy is a ‘buy’ even if the Fed holds rates steady today
The US Federal Reserve is broadly expected to leave its key rate unchanged as it announces its policy decision on Wednesday, ...
CoinDesk
3d
Bitcoin Funding Rates Flip Negative as Nasdaq Futures Tank 700 Points
Bitcoin (BTC) market sentiment has turned bearish, with Wall Street's tech-heavy Nasdaq futures trading 700 points lower. The ...
Bitcoin Magazine
3d
Nasdaq Proposes In-Kind Redemptions for BlackRock’s Bitcoin ETF
Nasdaq has proposed a new system for BlackRock's iShares Bitcoin ETF, allowing institutional investors to redeem shares ...
2d
on MSN
Nasdaq's Bitcoin ETF Shift Could Strengthen BlackRock's Market Position
Nasdaq has taken a decision on Bitcoin ETFs, particularly aimed at BlackRock's iShares Bitcoin Trust (NASDAQ:IBIT), that may ...
4h
on MSN
Thumzup ramps up Bitcoin strategy, pays gig workers in crypto
LOS ANGELES - Thumzup Media Corporation (NASDAQ:TZUP), a social media branding and marketing company with a market capitalization of $33.43 million, has announced its enhanced cryptocurrency strategy, ...
7h
on MSN
Bitcoin price soars past $105,000 as the Fed says US banks can serve crypto clients
Bitcoin ( BTC-USD) soared past $105,000 (£84,359) following the Federal Reserve’s decision to keep interest rates steady, ...
4h
on MSN
Bitcoin Extends Advance After Fed Meeting, Powell Commentary
Bitcoin extended its biggest jump in more than a week following the Federal Reserve’s latest monetary policy meeting and ...
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