[IMPORTANT] Bitcoin Plunges Over 6% Amid Tech Sell-Off Fueled by AI Spending Concerns

Bitcoin's price fell sharply to a low of $83,757 following a broader crypto market sell-off triggered by apprehension over high AI spending by tech giants. Ethereum, XRP, and Solana also experienced significant daily losses alongside a dip in big tech stocks after Microsoft's earnings spooked investors. A total of $822.4 million in crypto futures were liquidated, with $696.8 million in long positions, reflecting strong market alignment between cryptocurrencies and tech equities.