Bitcoin lost about 14% in a week, falling to roughly $65,200 on Saturday morning after breaking below Friday’s low of about $67,555. The decline was driven by a stronger dollar, higher bond yields and expectations of another Federal Reserve rate increase in December. Nvidia chief executive Jensen Huang’s resignation also triggered a sell-off in artificial intelligence stocks, with Advanced Micro Devices dropping more than 8%. Bitcoin exchange-traded funds recorded $2 billion in outflows over nine consecutive days through Wednesday, while mining difficulty fell 9.13%, its largest cut since June.
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