Bitcoin Crashes Below $70K, Nvidia CEO Resigns, Inflation Fears Return: Weekly Crypto Recap

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Bitcoin fell below $68,000 after losing more than $13,000 in less than ten days, bringing its weekly decline to over 10%. Inflation data that exceeded expectations and the resignation of Nvidia CEO Jensen Huang intensified pressure on financial and crypto markets. ZEC dropped 31%, while ETH, XRP, SOL, ENA and UNI lost between 13% and 20% over the week; ICP gained 4.8%. Coinbase received the OCC’s approval to operate as a federal trust bank, and Strategy purchased 1,037 BTC, taking its holdings to a record of more than 850,360 units. Bitcoin Core also warned of a bug affecting block creation across several node versions.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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