Market downtime intensifies
Bitcoin has plunged below $65,000, erasing the post 2024 election rally and fracturing key support levels amid broader risk off sentiment in equities and crypto. BTC is down at 25% YTD. Either is also sharply weaker, trading well below recent highs
Companies with heavy exposure to crypto are feeling the pain: Shares of firms holding BTC are sliding as asset prives fall and invester confidence wanes