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Bitcoin slides below $68,000 as Anthropic IPO frenzy drains market liquidity

Yahoo

Investing.com -- Bitcoin fell below $68,000 on Saturday, extending its decline to more than 20% since early October as investors reduced exposure to risky assets amid technology-sector turmoil and concerns that Anthropic's upcoming blockbuster IPO could divert capital from cryptocurrency markets. Our AI stock portfolio is beating the S&P 500 by 118%. Discover the stocks we're buying and the opportunities we're watching next. Exclusive for Yahoo! Finance readers: 55% off for Black Friday, plus an extra 15% at checkout. Subscribe today! » The world's largest cryptocurrency was trading at $67,034.6, down 1.61% for the day, as of 00:54 ET (04:54 GMT).

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