Bitcoin Nosedives as a Socialist Prepares to Take Over New York City and Fears of an AI Bubble Spark a Sell-Off in Stocks

The cryptocurrency plunged below $100K, triggering $470 million in liquidations, as long investors racked up the lion’s share of losses. Markets in Turmoil: AI Fears and a Socialist NYC Sink Bitcoin and Stocks “A dip below 100k seems inevitable,”...