Bitcoin Tumbles to $75K as AI Fears Wipe $150B From Crypto
Photo: DailyCoin
Bitcoin fell to $75,350 on November 6 as a broader crypto market sell-off wiped nearly $150 billion from the digital asset market in 24 hours. The sharp downturn came as crypto assets tracked a broader retreat from risk assets, sparked by concerns over artificial intelligence (AI) infrastructure spending that triggered a major Wall Street sell-off. According to CoinGecko, total crypto market capitalization declined by more than 5.1%, while leveraged traders faced $1.25 billion in liquidations, piling further pressure onto already falling prices.
Source: DailyCoin
