Bitcoin Falls Below $71,000 as Tech Selloff Deepens
Bitcoin fell below $71,000 during Asian trading as a global selloff in technology stocks intensified risk aversion across markets.
Bitcoin fell below $71,000 during Asian trading as a global selloff in technology stocks intensified risk aversion across markets.
Kevin Warsh’s nomination as Federal Reserve chair has raised concerns over U.S. liquidity, offering conflicting signals for Bitcoin and broader crypto markets.
Analysts expect Bitcoin to enter 2026 supported by long-term institutional demand but constrained by macro uncertainty and derivatives-driven trading dynamics.
Protests in Tehran followed a sharp collapse in the rial, drawing renewed attention to Bitcoin as a potential hedge against currency instability, according to Bitwise CEO Hunter Horsley.
Michael Saylor signaled a potential new Bitcoin purchase as prices briefly fell below $88,000 amid renewed weekend selling pressure.