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Bitcoin is now in the red for this year as investors continued to shed their speculative technology holdings with the cryptocurrency first among them.

Bitcoin was last trading around $91,000, but earlier Tuesday touched $89,259, its lowest since April 22. With Tuesday's losses, bitcoin is now down 2% for the year, per FactSet.

The move comes as investors have shed their AI-related tech holdings this month in the stock market. Bitcoin appeared to foreshadow the risk-off move, peaking in early October at a record above $126,000 and sliding ever since. Stock Chart Icon Stock chart icon

Bitcoin, YTD

The tech-heavy Nasdaq-100 stock index is off by 4% this month, following cryptocurrencies lower. Many larg

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