Is this the beginning of the end for Bitcoin?
A Bitcoin (BTC) sell-off on Thursday is sending the cryptocurrency down again today by 3% to $86,410.50 in midday afternoon trading, after a rally had it above $93,000 earlier in the day. It’s now hit its lowest level since April.
It’s part of an overall decline in the crypto market that also saw closely watched digital asset XRP (XRP-USD) falling below $2.00 per token during the day, while Ethereum (ETH-USD) shed nearly 3% and was trading at $2,832 in the late afternoon at the time of this writing.
Both stock market and Bitcoin investors were briefly riding high on chip maker Nvidia’s third-quarter earnings report, which came in after Wednesday’s market close and beat the street’s expectations. Revenue came in at $57.01 billion, and adjuste

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