Bitcoin seems to stabilize
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A risk-off mood swept through markets Tuesday as stocks stumbled and bitcoin slumped to its lowest level since November 2024.
Bitcoin sank as low as $72,096.20 on Wednesday, marking its second consecutive day breaking below the $73,000 level.
U.S. stock futures fell Sunday, after a weekend slide by bitcoin and Friday’s massive sell-off in precious metals capped a tumultuous first month of 2026.
Major declines in artificial-intelligence-linked stocks, software names and private equity are leading U.S. indices lower.
Bitcoin has pushed deeper into bear market territory amid its latest sell-off, with the crypto down 37% from its October all-time high.
Shares in publicly traded Bitcoin miners are tumbling as the top crypto asset extends its losses to nearly 20% on the week.
Software stocks are thought to be facing an existential threat from the rise of AI, and Bitcoin, noted one analyst, is just open-source software.
Stocks broadly sank on Tuesday as investors moved to dump shares of software companies amid fears that artificial intelligence tools could eat into those companies' businesses
The founder of the Binance bitcoin and crypto exchange has said he’s lost confidence in a 2026 so-called “super