Bitcoin falls below $95,000 amid tech sell-off, bounces off lows on Friday
Summary
Bitcoin fell below $95,000 on Friday as a broader tech and AI-driven sell-off pressured risk assets. The token briefly hit its lowest level since May 7 before recovering part of the morning loss. The move came alongside weakness in major tech names and crypto-linked stocks, including Strategy, Gemini, Bullish, Coinbase, and Bitmine. The article also highlights how institutional investors may be changing bitcoin’s usual four-year cycle dynamics and treating downturns as buying opportunities.
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