Bitcoin tumbles below $98,000 in risk-off move as Nasdaq stocks are crushed

Quick Summary:

Crypto is in a cooling period after running to a new record last week and was pulled lower by the DeepSeek-driven sell-off in tech stocks.

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Category: Technology

Markets: United States

Topics: Bitcoin Source:tagname:CNBC US Source TeraWulf Inc. Coinbase Global Inc Microstrategy Inc Articles Markets CoinDesk 20 Special Reports Investing Technology Cnbc Iris Energy Ltd Cryptocurrency Core Scientific Inc Crypto Breaking News: Investing Investment strategy Bitcoin/USD Coin Metrics Breaking News: Markets Crypto World

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-27 @ 12:22:34 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cnbc.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CNBC

News ID: 25501305

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