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Home BlockchainBitcoin Rebound Stalls at $65K as Stocks Fall and Gold Rises
Blockchain

Bitcoin Rebound Stalls at $65K as Stocks Fall and Gold Rises

by Decrypt
written by Decrypt 0 comments
Bitcoin Rebound Stalls at $65K as Stocks Fall and Gold Rises

In brief

  • Bitcoin slipped to nearly $65,000, recently trading near half its all-time high of $126,080.
  • CoreWeave stock dropped more than 20% after Macquarie slashed its price target to $90.
  • Block Inc. bucked the trend, surging 14% after announcing a 40% staff cut due to AI.

After peaking above $69,000 on Wednesday and suggesting a potential rebound for the leading cryptocurrency, Bitcoin dropped more than 3% on Friday to nearly $65,000 as stocks dipped and gold enjoyed a 1.4% bump.

The S&P 500 has fallen…

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