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via coindesk.comMarkets

Bitcoin and crypto stocks hit by AI stock meltdown, but holding up better

FROM THE WIRE · COINDESK.COM

The post-election rally quickly reversed as AI stocks plunged, but cryptocurrencies held up relatively better despite a $1 billion liquidation wave.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe AI stock selloff and a $1 billion liquidation wave weigh on the crypto sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The post-election rally quickly reversed as AI stocks plunged.
  2. 02Cryptocurrencies held up relatively better despite a $1 billion liquidation wave.
  3. 03A Wintermute trader sees a glass half full.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
BitcoinBTCUSDCrypto76,089.60 USD-0.02%today -5.37%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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