Bitcoin crash continues 😨

The week's bloodbath continued Thursday, as Bitcoin slipped below $67,000 and the market cap of all cryptocurrencies dropped to $2.36 trillion.

📝 What you need to know

The dip kept dipping Thursday morning, as Bitcoin plunged to new lows under $67,000—wiping out all of its gains since U.S. President Trump’s election win, with liquidations topping $1.44 billion

Altcoins didn’t fare any better, with XRP dropping by double digits as the total crypto market cap slid to $2.36 trillion.

“Investors continue to see crypto as a risky asset class,” one analyst told Decrypt, with tech stocks wobbling as investors reduced their exposure to risk assets linked to artificial intelligence. This, despite the fact that “crypto is getting everything it wants” in the form of regulatory tailwinds and progress on the long-awaited market structure bill.

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