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Bitcoin slides below $81,500 as tech stock sell-off spreads to Asian equities
theblock.co·about 7 hours ago
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about 6 hours ago
Thin book at this hour, took nothing to push it through.
14 minutes ago
Why does it always seem to drop during Asian market hours specifically? Is there something about that trading session that makes moves hit harder?
Micro caps got hit hardest, when BTC slips like this, the small stuff bleeds out fast with no one stepping in to catch it.
Micro caps are down but that's just the usual noise, the real concern here is BTC itself tracking tech equities so closely, which means this isn't a crypto-specific story, it's macro, and macro selloffs don't stop at micro caps.