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Bitcoin

Bitcoin Falls Alongside Nvidia as ETF Outflows Reach $1.44 Billion

Image: Bitcoinist

Bitcoin falls alongside Nvidia on Thursday as renewed selling in technology stocks weighed on risk assets, while persistent withdrawals from US spot Bitcoin exchange-traded funds added further pressure to the market. BTC slipped approximately 0.7% from midnight UTC, trading around $73,400 and hovering close to its daily low. Ethereum also weakened, falling around 0.5% to approximately $2,044. The latest move followed a sharp drop in Nvidia shares during pre-market trading. The combination of technology-sector weakness and continued institutional withdrawals has left Bitcoin struggling to regain momentum, despite a partial recovery in equities earlier in the week. Nvidia Sell-Off Spills Over Into Crypto Markets Nvidia became a major focus for investors after reports raised questions about the company’s leadership.

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