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Bitcoin Hits New Intraday High, Stocks Fall For Second Day

Bitcoin Target Apple Meta Microsoft Stock Market Tesla Inc.
A bitcoin is seen in a picture taken at La Maison du Bitcoin in Paris

On Tuesday, Bitcoin surged to a new intraday high, crossing over $69,000 before retracing slightly in premarket trading. This milestone marked a significant achievement for the cryptocurrency market.

Meanwhile, the stock market experienced a downturn for the second consecutive day. The S&P 500 declined by 1%, and the Nasdaq Composite fell by 1.7%. Notably, six out of the Magnificent Seven stocks saw losses, with Nvidia being the sole exception.

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