Business & Markets

Bitcoin falls below 69000 as rising oil prices and geopolitical uncertainty pressure risk assets

Bitcoin slipped below the 69000 level as renewed geopolitical uncertainty and rising oil prices triggered a broader pullback across risk assets. The leading cryptocurrency dropped more than 3 percent from recent highs above 71000, reflecting a shift in market sentiment as early optimism around easing tensions in the Middle East faded. The decline comes as […]

Business & Markets

Microsoft Shares Slide as Bitcoin Traders Seek Shelter Amid Tech Selloff

Shares of Microsoft fell sharply on Thursday, dropping about 11% after the software giant reported rising costs and slower growth in its cloud business, adding pressure to an already fragile technology sector. The decline weighed on broader equity markets and reinforced a risk-off mood among investors, with several major tech stocks also moving lower. Traders […]

Business & Markets

Bitcoin Slides Below 84,000 as Crypto Tracks Big Tech Selloff

Bitcoin fell sharply late Thursday as the crypto market joined a broader selloff across U.S. technology stocks, underscoring the asset’s continued sensitivity to equity market sentiment. The largest cryptocurrency dropped more than 6 percent in 24 hours, briefly touching a low near 83,700 before stabilizing slightly above that level. The move marked a decisive break […]

Business & Markets News

Bitcoin’s Institutional Shift Redefined Its 2025 Price Ceiling

Bitcoin’s underperformance in 2025 reflected a deeper structural shift rather than a failed rally. After reaching an early peak near record levels, the market experienced a sharp liquidity-driven reversal that reset expectations across digital assets. The October selloff was not isolated volatility but a signal that bitcoin had entered a different phase of market behavior. […]

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