From Quartz.

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Bitcoin and silver dropped early Thursday, while U.S. equity futures indicated a lower open. The Bitcoin price briefly fell below $70,000 before rebounding, then neared $69,000 by 7:30 a.m. ET. Silver prices fell as much as 16% before a short bounce, and were down 13% to $76.34 at 7:45 a.m. ET. Analysts cited speculative options activity behind the metal’s earlier surge, comparing recent action to meme stocks such as GameStop. Bitcoin’s decline has extended since an October peak above $126,000, with ETFs and digital asset treasuries reducing exposure. Futures showed all major U.S. indexes set to open lower Thursday, with the Nasdaq tracking a drop near 1%. #bitcoincrash #silverselloff #marketvolatility #investing #crypto

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