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

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure 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%. The latest rebound comes after an exceptionally difficult trading session on Wall Street, where technology stocks experienced substantial selling pressure as investors reconsidered the outlook for artificial intelligence infrastructure spending. ...