CoinDesk·3 min read·hard
Live updates: Bitcoin under $66,000 as traders await Alphabet earnings to gauge AI trade
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Shaurya Malwa
✦AI Summary
Bitcoin prices are hovering under $66,000 as investors await Alphabet's earnings report to gauge the sustainability of AI-related market growth. Tech stocks are experiencing volatility as traders question whether massive capital spending on AI will yield sufficient returns.
The pause matches the broader market, where a two-day rebound in chip stocks stalled as traders waited on Alphabet's results after the U.S. close.
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