Bitcoin Magazine Bitcoin Price Drops Below $74,000 as Nvidia Probe and Regulation Fears Spark $1 Billion in Liquidations
Bitcoin price traded near $74,700 on Monday morning after sliding to $73,477 overnight, its lowest since August, then bouncing back, Bitcoin Magazine Pro data shows.
Bitcoin price fell more than 2% to $73,477 in overnight trading, its lowest since August. Buyers stepped in soon after and pushed the price back above $75,000, but the bounce stalled and the bitcoin price settled near $74,700 into the New York open.
Nvidia probe and Iran stall hit weekend trading
Crypto was the only major market open when two headlines landed. Nvidia faced an internal investigation into whether CEO Jensen Huang had been targeted by a foreign intelligence effort, and Secretary of State Marco Rubio said Iranian demands were outrageous as talks stalled.
Source: Bitcoin Magazine
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