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Bitcoin falls to $75,700 as AI stock rout triggers crypto liquidations

Published Source: CryptoPolitanRead original

Crypto Insight Summary: Bitcoin’s rise after the elections was short-lived. After hitting the $80,000 mark on Wednesday, it fell to $75,700 on Thursday, which is 6% less than the previous day, as the AI stocks crash spread on Wall Street. Ether also plunged by more than 7% to $2,247, as per The Block. Liquidations are not ETF redemptions... Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: AI-stock rout triggered leveraged liquidations and broad crypto risk-off selling.

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Bitcoin falls to $75,700 as AI stock rout triggers crypto liquidations — Crypto Insight