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just like that The price of Bitcoin slumped below $85,000 early Friday as the cryptocurrency selloff deepened.
Investors had been hoping for gains after Nvidia’s solid earnings and strong forecast sparked a brief rally in tech stocks, which tend to move in tandem with cryptocurrencies. The Nasdaq Composite was up more than 2% early Thursday before falling into negative territory. It had fallen 1% by 1 p.m. Eastern time and closed down 2.2%.
BTC
92,245.17
+2.32%