$BTC Loses $76K as the AI Stock Selloff Hits Crypto
The numbers:
• $75,568: intraday low, ~-6%, erasing the post-election rally
• ~$1.1B liquidated in 24h across ~211K traders
• $818.9M in longs wiped in 4 hours (CoinGlass)
• Nasdaq -4.7%, S&P 500 ~-3%, VIX +60%
• Fear & Greed at 28, down from 50
Bearish short term: BTC is trading like a tech stock, not a hedge. I expect another test of $75,200 unless BTC reclaims $78,300.
Not financial advice. DYOR.
The numbers:
• $75,568: intraday low, ~-6%, erasing the post-election rally
• ~$1.1B liquidated in 24h across ~211K traders
• $818.9M in longs wiped in 4 hours (CoinGlass)
• Nasdaq -4.7%, S&P 500 ~-3%, VIX +60%
• Fear & Greed at 28, down from 50
Bearish short term: BTC is trading like a tech stock, not a hedge. I expect another test of $75,200 unless BTC reclaims $78,300.
Not financial advice. DYOR.
