Bitcoin falls to seven-week low near $75,200 as AI stocks drag Wall Street lower
AI summary
Bitcoin fell to a seven-week low near $75,200, giving back the gains it made after the midterm elections. The drop came as the S&P 500 and Nasdaq Composite had their worst day since April 2025, with AI-related stocks pulling Wall Street lower. Bitcoin still outperformed the Nasdaq 100 on the day, which traders may read as relative resilience even as risk assets sell off.
