BTC price eyes $73K amid Nvidia volatility: Three things to know in Bitcoin this week Bitcoin price action fell to its lowest levels since mid-August as Nvidia reports added to sell-side pressure across stock-market futures.
Bitcoin (BTC) fell to about $73,500 late Sunday, its lowest level since August, as more than $1 billion in leveraged crypto positions were liquidated ahead of this week’s US inflation reports
Key points: – Bitcoin hit its lowest level since Aug. 21 shortly before Sunday’s weekly close, then briefly recovered above $75,000. – Nasdaq 100 futures swung between gains and losses after Nvidia’s board announced an investigation into whether CEO Jensen Huang was targeted by a foreign intelligence effort. – US consumer and producer price reports are due Tuesday and Friday, respectively. Economist Robin Brooks said falling oil prices could lift Bitcoin. Crypto liquidations top $1.1 billion Bitcoin slipped below $74,000 shortly before Sunday’s weekly close, extending last week’s losses, TradingView data showed.
BTC/USD one-hour chart.