Cathie Wood: Bitcoin's Drop Driven By Algorithmic Selling, Not Fundamentals

Ark Invest CEO Cathie Wood weighed in on Bitcoin's (CRYPTO: BTC BTC - $67975.026 recent weakness, arguing that the decline reflects algorithmic selling rather than deteriorating fundamentals. Bitcoin vs.

Source: benzinga.com

Related symbols: BTCUSD

2026-02-17 15:42:04 GMT.

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Price & Market Data

Price: $67975.026

Volume 24h: $38,345,325,601.80

Market Cap: $1,359,434,446,708.10

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,999,018. The last known price of Bitcoin is 68,010.32643183 USD and is down -3.50 over the last 24 hours. It is currently trading on 12571 active market(s) with $38,589,001,865.36 traded over the last 24 hours. More information can be found at https://bitcoin.org/.