Bitcoin drops more than 5% as stocks log worst day since April
In short
Bitcoin fell more than 5% as stocks ended their worst day since April 2025.
CoinDesk said Nvidia lost 9.3% and many other chip stocks fell by double digits, adding pressure on crypto and tech markets.
What the reporting says
Bitcoin dropped more than 5% as stocks closed out their worst day since April 2025 and the AI trade continued to blow up. CoinDesk said Nvidia fell 9.3% and many other chip names dropped by double-digit percentages. The selloff pointed to heavier pressure on crypto and technology-linked markets.
Why it matters
Bitcoin’s more than 5% drop came as stocks had their worst day since April 2025. CoinDesk said the AI trade kept unraveling, with Nvidia down 9.3% and many other chip names falling by double-digit percentages. The move signals weaker sentiment across crypto and technology shares, especially for investors exposed to chip and AI-related names.