Bitcoin Drops Below $76,000: Texas Data Center Moratorium Fears Sink Miners Pivoting to AI
· techtimes.com · popularity 17/100 · 0 similar stories today · Crypto, Blockchain & Digital Assets (Money, Markets & Investing)
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Summary
Bitcoin price fell below $76,000 on Thursday as a Nasdaq rout tied to data center moratorium fears hit bitcoin miners that pivoted to AI. About $880 million in crypto positions were liquidated in four hours, 93% of it bets on rising prices, while Texas, not Congress, poses the nearer policy risk, per Reuters and The Block.
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