- Bitcoin fell below $86,000 for the first time in six weeks during a risk asset pullback
- The largest cryptocurrency dropped as much as 4.7% to $85,105, lowest since Dec 19
- Smaller digital assets like Ether, Doge, Cardano, and Solana declined by at least 6%
Bitcoin dropped below $86,000 for the first time in about six weeks amid a pullback in risk assets.
The largest cryptocurrency slipped as much as 4.7% to $85,105, the lowest price since Dec. 19. Smaller digital assets fell more, with Ether, Doge, Cardano and Solana all down at least 6% or more.
Cryptocurrencies are mirroring a tech selloff that has dragged down stocks amid no signs of easing up on artificial-intelligence spending even as doubts persist about the staying power of demand to justify all that capital.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
