Bitcoin price crashed about 14% over the past week and was trading near $65,200 on Saturday morning after sliding to about $65,000, according to Bitcoin Magazine Pro data. The move broke below Friday’s low of about $67,555 and marked the weakest level since mid-August, as weekend trading extended a selloff that has followed a stronger dollar and a fully priced December Federal Reserve rate hike.

A week ago, on Nov. 7, bitcoin was trading near $75,750. The decline steepened after Nvidia chief executive Jensen Huang resigned on Thursday, a shake-up that caused AI stocks to sell off which could potentially be responsible for sending bitcoin below $72,000. It slipped toward $71,000 by…

Read more on BitcoinMagazine