We’re proud to be a media/community partner for USDR: Unlock The Fortune by @KiraPayOfficial & @0xRememberUs 🧧✨
📅 Feb 10th | 6 PM – 8.30 PM HKT
👉 Secure your spot: https://t.co/w5wdIBNhlQ
Looking forward to an evening of blessings, rewards, and meaningful connections! 🍀
#alphaintelmedia #alphaintel
Bitcoin slid hard tonight, briefly touching about $70,824 as a wider market selloff took hold. The move marks a steep fall from recent peaks above $126,000 and pushes total losses to more than 7% over the past 24 hours.
The selloff is being fueled by softening spot demand, a wave of forced long liquidations, renewed turbulence in the tech sector, and on-chain data pointing to bearish conditions and declining network participation.
Market participants are now focused on the $70,000 psychological support. A clean break below that level could open the door to a drop toward $60,000 or lower, though some investors see a deeper correction as a rare, long-term buying opportunity.
Indonesian tycoon Prajogo Pangestu, the country’s wealthiest individual, saw roughly $9 billion wiped off his personal net worth in just two days amid a sharp stock market sell-off.
The plunge came after an MSCI report raised doubts about Indonesia’s shareholder disclosure rules, unsettling global investors and triggering heavy selling in several major listed companies.
Because a large share of Pangestu’s wealth is concentrated in publicly traded energy and materials firms, the sudden shift in investor sentiment had an immediate and significant impact on the value of his assets.
The episode highlights how regulatory uncertainty and changes in market perception can rapidly move financial markets, and dramatically affect even the biggest fortunes.
#alphaintelmedia #alphaintel
A broad risk-off move hit US markets as investors reassessed AI-driven valuations. Concerns that new automation products from Anthropic could undermine traditional software demand sparked a sharp sell-off in major tech names, driving capital rotation toward cyclical and value-oriented stocks.