Bitcoin Approaches Weekend Low of $74,600 Amid Stock Market Decline

Bitcoin is struggling near $74,600 as a significant stock selloff exerts pressure on the cryptocurrency market.

Bitcoin is currently hovering around the $74,600 mark as it approaches the weekend, reflecting the impact of a broader selloff in the stock market.

This downturn is largely driven by substantial drops in stocks associated with artificial intelligence, software companies, and private equity, causing U.S. indices to experience a downward trajectory.