Bitcoin holds near $65,000 as $800 billion AI selloff leaves crypto largely untouched
Bitcoin prices remained stable near $65,000 despite a massive $800 billion selloff in major tech stocks driven by concerns over AI capital expenditure. While crypto has historically tracked with AI-related tech stocks, this session suggests a potential decoupling as investors re-evaluate the returns on AI infrastructure spending.
The largest cryptocurrency traded at about $65,400, down less than 1% on the day and up 3% on the week. Ether slipped 3% to $1,879, and the rest of the majors leaned red. Dogecoin was the worst of them, down 5% on the day to $0.069 and 4% on the week. XRP fell 2% to $1.11, Solana lost 3% to $76, and Hyperliquid's HYPE dropped to $58, down 4% over seven sessions. The moves were losses, but modest ones against what was happening in equities.
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in