Bitcoin Dropped 1.3% as Nasdaq-100 Slid 5.5% in Tech Selloff

0

declined less than the Nasdaq-100 during last week’s technology sector selloff. Hedge funds reduced technology positions at the fastest pace since at least 2016 over the five trading sessions ending Oct. 15, according to a report citing Goldman Sachs prime brokerage data. The Nasdaq-100 fell 5.49% from its Oct. 9 close of 30,883.15 to 29,187.55.