Bitcoin’s price fell sharply on Wednesday morning, dropping to $67,173.39 as of 9:45 AM GMT-5, according to the Nasdaq Bitcoin Reference Price Index. The decline comes amid broader volatility in the technology sector and a sell-off in precious metals.
The Nasdaq Composite Index, heavily weighted with technology stocks, experienced a modest rise, increasing by 0.39%, while the Dow Jones Industrial Average climbed 0.50%. However, these gains followed reports of receding anxieties surrounding artificial intelligence, as noted by Yahoo Finance UK. The S&P 500 also saw a slight increase of 0.39%.
The Nasdaq Bitcoin Reference Price Index experienced a day range of $66,875.68 to $68,419.83. The previous close was recorded at $67,412.42. The year range for the index is significantly wider, spanning from $62,435.45 to $126,273.49, reflecting the substantial price fluctuations Bitcoin has experienced over the past year.
MarketWatch provides an overview of Bitcoin USD (BTCUSD) cryptocurrency, while Yahoo Finance offers live price tracking for BTC-USD. Nasdaq.com provides cryptocurrency prices and market activity data for US and global markets.
Travelers Companies Inc. (TRV) was highlighted by Dividend Channel as a “Top Dividend Stock of the Dow” with a 1.5% yield. SPDR’s XLK Technology Select Sector ETF outperformed the S&P 500 by 35 points, according to 24/7 Wall St.
Finviz reported on one S&P 500 stock with impressive fundamentals and identified two as risky. TipRanks reported on the Dow Jones climb ahead of interest rate clues from Fed minutes.
