Bitcoin Holds Critical $76K Level as AI Sell-Off Triggers Market-Wide Panic

Bitcoin holds critical level as it showed early signs of stabilization on Friday after a sharp market-wide sell-off pushed the cryptocurrency toward $75,000. However, the recovery remains fragile, with investors still cautious following heavy losses across technology stocks, more than $1 billion in crypto liquidations, and continued withdrawals from US spot Bitcoin ETFs. The world’s largest cryptocurrency briefly recovered toward $76,150 after touching approximately $75,200 late Thursday, suggesting that buyers were beginning to step in following the latest decline. Ethereum also recorded a modest recovery, gaining around 0.3%, while the broader 80 Index advanced 0.2%. Despite these small gains, the broader market remains under pressure. Bitcoin is still down around 5.3% over the previous 24 hours, while Ethereum has lost approximately 7.3%.

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