Mining stocks including WULF, BTDR, IREN and HUT dropped over 5%, while BTC holder medical devices firm Semler Scientific plunged 10%.
Stronger-than-expected job openings and ISM Services PMI rolled back investor expectations for further rate cuts for this year.
Altcoin majors, including ether and solana, also rose sharply as U.S. markets opened on the first full week after holidays, with the broad-based CoinDesk 20 advancing 3.5% through the day.
Fed Chair Jerome Powell's hawkish comments Wednesday on rate cuts have rattled investors across asset classes.
Altcoins as a group outperformed bitcoin, with AVAX and LINK leading sector gains.
Bitcoin is again outperforming, sliding just 3% back to $95,000.
Bitcoin was an outperformer, but still lower by 5% over the past 24 hours to just above $95,000.
ETH surpassed the level for the first time since March.
BTC has been red-hot lately, taking out a milestone, but the bottom just fell out.
Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.
ETH advanced 4% during the day, outperforming BTC's 1.5% loss and slight gains of the broader market benchmark CoinDesk 20 Index.The ETH/BTC ratio hit its weakest level in three years last week, but has rebounded since and is poised for more gains, observers noted.Bitcoin is likely to move sideways until year-end, said Paul Howard, senior director of Wincent.
Spot bitcoin exchange-traded funds options are making solid volume on their first day.
Bitcoin is leading the broader crypto market higher, outperforming the CoinDesk 20 Index with its 6% advance over the past 24 hours.
Crypto prices continue melting upwards since Donald Trump's election victory as investors reprice digital assets in anticipation of a friendlier government.
Bitcoin clinched another all-time high of $88,448 on Monday, surging 11% over the past 24 hours.
The fourth largest crypto could potentially reach its 2021 record highs in the coming days given its relative strength through crypto's eight-month long consolidation phase, one analyst noted.
Cryptocurrency price milestones continue to topple in the aftermath of Donald Trump's election victory, as bitcoin on Friday surpassed $77,000 for the first time
Majors cryptocurrencies are surging as a bullish backdrop gives traders reason to set a $100,000 price target for BTC in the near term.
Bitcoin just made a new all-time high, but ether is the real winner here.
Crypto exchange Coinbase's shares closed the day 31% higher, leading gains among digital asset-related stocks.
The worst case scenario for risk assets including cryptocurrencies would be a delayed or contested election where the result is unknown for weeks, one observer noted.
The final stretch of the U.S. presidential election is keeping traders on their toes, with BTC and Trump Polymarket odds taking a small hit.
Crypto-linked stocks such as MicroStrategy, Coinbase, Robinhood and bitcoin miners MARA, RIOT also suffered sizable declines.
The largest crypto has extended its year-to-date gain to nearly 75% and has more than doubled from year-ago levels.
Bitcoin's "bullish setup" into the U.S. election next week mirrors late 2020, which preceded a 120% rally in two months, Matthew Sigel of VanEck said.
Bitcoin appeared poised to make another run at $70,000, but a WSJ story of a criminal probe into the stablecoin issuer sent prices tumbling Friday afternoon.
Bitcoin Cash and Uniswap led CoinDesk 20 gains, each rising more than 5%.
Cryptocurrencies weren't spared as stocks, bonds, gold and oil all declined on Wednesday.
One observer noted 7,000 PlusToken-related ETH transferred to crypto exchanges on Wednesday, raising concerns about potential selling pressure.
NEAR, RNDR, TAO and LPT booked double-digit gains as artificial intelligence-focused tokens were the best performers within the CoinDesk 20 Index.