StockDuty ← Dashboard Nov 05, 2026 05:38 PM ET
CatalystCrypto

Bitcoin sinks to seven-week low as a tech selloff drags down crypto

Bitcoin hit a seven-week low amid a tech selloff dragging crypto down.

Context
What happened: Bitcoin fell to a seven-week low as a tech selloff dragged down crypto. The drop came as the Nasdaq 100 fell in chip-led trading, adding to pressure from the Binance hack. Key numbers: Bitcoin fell as much as 5.8%. The Nasdaq 100 fell 6.4%. Why it matters: The decline links crypto weakness to a broader tech selloff, with the Binance hack adding further pressure on prices.
What changed
Bitcoin fell to a seven-week low as a tech selloff dragged down crypto. The drop came as the Nasdaq 100 fell in chip-led trading, adding to pressure from the Binance hack.
Why it matters
The decline links crypto weakness to a broader tech selloff, with the Binance hack adding further pressure on prices.
Sources
qz
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