Bitcoin Stays Below 74,000 Dollars

Bitcoin Continues to Decline

Bitcoin has fallen below $74,000 due to a renewed wave of sell-offs in technology stocks. The negative performance observed particularly in software companies has adversely affected the crypto market.

Companies engaged in standalone cryptocurrency mining, such as Cipher Mining, IREN, and Hut 8, have lost more than 10% of their value following disappointing forecasts from Advanced Micro Devices (AMD).

Data from the United States paints a complex economic picture. However, one analyst suggested that market expectations have underestimated the amount of Federal Reserve stimulus expected in 2026.