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Bitcoin Falls to Lowest Level Since September as Dow, S&P 500 and Nasdaq Decline

Bitcoin was down 3.42% over 24 hours at 6:48 p.m. ET Thursday as all three major U.S. indexes closed lower.

Updated 1 min read
Pedestrians pass the New York Stock Exchange on Broad Street in Manhattan. / EconoTimes.ai
Pedestrians pass the New York Stock Exchange on Broad Street in Manhattan. / EconoTimes.ai

Bitcoin’s slide to its lowest price since September coincided with losses across all three major U.S. stock indexes Thursday.

At 6:48 p.m. ET Thursday, Bitcoin (BTC) traded at $71,255, down 3.42% from 24 hours earlier. Its session low was $71,222, the weakest price since September.

The Nasdaq Composite finished down 0.39%, the S&P 500 shed 0.35% and the Dow Jones Industrial Average fell 0.36%. Each benchmark lost less than half a percent.

Nvidia shares ended 4.3% lower after sliding as much as 13% during the session. Broadcom and Advanced Micro Devices moved higher, each gaining more than 5.5%.

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