Bitcoin extends losses as Nasdaq drops more than 2%
In short
Bitcoin kept falling as the Nasdaq dropped more than 2% in early trading.
The selling of AI chip stocks is weighing on tech shares and adding pressure to bitcoin.
What the reporting says
Bitcoin extended losses as the Nasdaq fell more than 2% in early trading. The CoinDesk summary says continued selling in AI chip stocks is driving the slide. The brief links the weaker tech tone to pressure across risk assets, including bitcoin, but gives no price level for the cryptocurrency.
Why it matters
Bitcoin moved lower while the Nasdaq sank more than 2% amid continued selling in AI chip stocks. The linkage matters because weaker tech shares can spill over into crypto sentiment and broader risk appetite. No exact bitcoin price or timing beyond early trading was provided.