What’s Driving the Bitcoin Selloff? | Presented by CME Group

After putting in a high of 126,000 in October, Bitcoin lost over 50% of its value, bottoming near 60,000 in early February. Although steep corrections are not uncommon in Bitcoin, this one stung more than most due to the over $1.2% trillion in market cap that evaporated. But what's causing it.Well, the easiest explanation is that Bitcoin often correlates to tech stocks within the NASDAQ. So perhaps it's not a coincidence that the NASDAQ also put in all-time highs in October and then traded down 9% bottoming ...