Crypto Stocks Crash as Bitcoin Retreats to $100K Amid Thursday Market Selloff

Digital asset stocks experienced significant declines during Thursday's trading session as Bitcoin reversed its upward trajectory, falling back toward the $100,000 threshold. The cryptocurrency market downturn coincided with a broader stock market selloff, creating parallel downward pressure across both traditional and digital asset classes. Major crypto-related companies saw substantial valuation drops while BTC price action mirrored the negative sentiment in conventional markets. This synchronized movement highlights the growing correlation between cryptocurrency performance and traditional financial market fluctuations during periods of economic uncertainty.