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Bitcoin and tech stocks fell in tandem after U.S. GDP data was released
After Thursday's release of strong U.S. GDP data and cooling Personal Consumption Expenditures (PCE) inflation data, bitcoin fell further along with tech stocks. After Thursday's opening, the tech-heavy Nasdaq Composite fell 215.43 points, or 1.246 percent, to 17,126.98, while the Standard & Poor's 500 index fell 21.93 points, or 0.4 percent. Bitcoin has also failed to reverse its recent decline, trading flat over the past 24 hours, essentially remaining in the $64,000 range. In addition, accord...
2024-07-25 23:16:21
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