0823 GMT - Bitcoin eases after reaching a two-month high in the previous session as a decline in tech stocks overnight resulted in the Nasdaq composite recording its worst day in nearly a month. Concerns about high valuations and additional regulation weighed on tech stocks including Nvidia. Bitcoin falls 1.0% to $96,522 after reaching a high of $97,866 Wednesday, LSEG data show. The cryptocurrency's earlier gains were driven by optimism over proposed U.S. crypto legislation. However, the Senate Banking Committee has postponed a discussion of the bill that was scheduled for Thursday after Coinbase chief executive Brian Armstrong expressed his opposition to the legislation. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
January 15, 2026 03:23 ET (08:23 GMT)
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