🚨🧨🔥🔥🔥The tech market took a historic hit, and cryptocurrencies paid the price. The Nasdaq 100 plunged 6.4 percent in a single session, wiping out an astonishing 2.3 trillion dollars.
💥💥💥The panic began in the semiconductor sector, which fell 12 percent—its worst day since 2020. The reason was fears that the new political landscape could bring tighter controls on data centers and artificial intelligence.
💥💥💥In the crypto world, the damage was severe. Bitcoin fell 5.6 percent, sliding from 80 thousand to 76 thousand dollars. There were 1.09 billion dollars in liquidations over 24 hours, and nearly 88 percent came from those betting on prices to rise.
💥💥💥The reality is harsh. The 74.6 million dollars in inflows into Bitcoin ETFs weren't enough to cushion the blow. BTC is behaving exactly like a high-risk tech stock.
The crucial support level is between 75 thousand and 76 thousand dollars. If it closes above 80 thousand, we can breathe. Until then, keep an eye on the Nasdaq before looking to tha crepto cheat..🤔🤔
$UAI $BTC $AKE