Tag: Tech slump
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Crypto Crash: Bitcoin Dips Below $82k as Tech Slump Spreads to Crypto Markets
Overview: A Risk-Off Moment for Crypto and Tech The crypto market entered a tense new phase as Bitcoin and Ether slipped to multi-month lows, signaling a shift in investor mood from appetite for risk to caution. The decline came on the back of a broad tech sell-off and growing concerns that stretched valuations in technology…
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Crypto Crash Deepens: Bitcoin Dips Below $82k as Tech Slump Ripples Through Crypto Markets
Bitcoin Falls as Tech Slump Weighs on Crypto Markets Bitcoin slid below the $82,000 mark on renewed risk-off sentiment that gripped global markets this week. The move dragged ether and a broad basket of altcoins to multi-month lows as investors reassessed the pace of tech sector gains and the Federal Reserve’s likely path for interest-rate…
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Crypto Crash: Bitcoin Slips Below $82k as Tech Slump Deepens
Overview: Bitcoin’s sudden dip amid a broader tech slump The cryptocurrency market faced renewed pressure as Bitcoin traded below the $82,000 level, signaling a renewed risk-off mood among investors. The move comes as tech equities retreat on concerns about overvaluation and fading expectations for near-term US rate cuts. In recent sessions, investors signaled a preference…