Skip to content
Airdrop News

Airdrop news, gathered from 259 outlets every half hour

Bitcoin (BTC) Price: Can $80,000 Hold After Tech Stocks Drag Crypto Down?

Picture: CoinCentral

TLDR Bitcoin fell 3.4% in 24 hours to about $81,387, dragging the crypto market down 3%. The Nasdaq dropped 2.6% on Thursday, its worst session since June, and the sell-off reached Asian stocks. Crypto liquidations hit $440.9 million, with $397 million in long positions. Analysts are watching $80,000 as support, with Daan Crypto Trades eyeing $72K-$75K if it fails. Benjamin Cowen says a daily close below the 50-day SMA could send BTC to the bull market support band. Bitcoin (BTC) slipped below $81,500 on Thursday night as a sell-off in tech stocks spread across global markets.

You are reading an excerpt. CoinCentral wrote and owns the full article.

Continue reading at coincentral.com

Related stories

More crypto news

All Crypto & Bitcoin