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Archive photograph, for illustration. A Bitcoin token rests on a computer keyboard.

Bitcoin falls around 5% as US technology shares slide

Archive photograph, for illustration. A Bitcoin token rests on a computer keyboard. · 2021 · Jorge Franganillo · CC BY 2.0
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The cryptocurrency fell as technology shares also dropped sharply on Wall Street.

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Bitcoin traded at about $76,000 on Thursday, down around 5% for the day, according to an ANP/Bloomberg report published by Nieuws.nl.

The report linked the cryptocurrency’s decline to a sell-off in US technology shares. It said the tech-heavy Nasdaq had fallen by around 5% during the trading session.

A later reading from market data provider Swiftedge put bitcoin perpetual futures at $75,838 at 21:25 GMT, down 5.8% since midnight GMT. Futures prices are not necessarily the same as the bitcoin price quoted in the ANP/Bloomberg report.

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