Bitcoin Hits 2-Month Low as Gold and Stocks Give Up Gains, Crypto Liquidations Top $800M

The price of Bitcoin fell to a two-month low on Thursday, wavering alongside equities and precious metals as Microsoft’s post-earnings tumble deepened. The leading digital asset by market cap recently changed hands around $84,400, a 5% decrease over the past day, according to CoinGecko. Altcoins including Ethereum and Solana notched steeper declines, falling 6.4% and 6.8% to $2,800 and $117, respectively. Crypto liquidations surged, with more than $800 million worth of leveraged positions forcibly closed o ...