KEY POINTS
- Bitcoin fell to $74,780.91 on Friday, its lowest intraday price since August 21, and later traded near $75,570.
- CoinGlass data showed $1.05 billion in crypto liquidations over 24 hours, with 88.2% coming from long positions.
- The Nasdaq Composite dropped 5.52% on Thursday amid fears that tougher AI regulation could slow data center construction.
Bitcoin fell to $74,780.91 on Friday, its lowest intraday level since August 21, according to Decrypt. The largest cryptocurrency later changed hands near $75,570 as the broader market pulled back.
