🚨 Bitcoin Bucks Tech Selloff as AI Safety Concerns Hit Stocks ₿📉
Bitcoin is showing resilience while technology and AI-related stocks face fresh selling pressure.
📊 Market snapshot:
• BTC gained around 1% to trade near $77,800
• ETH rose about 1% to around $2,500
• Nasdaq 100-tracking QQQ ETF fell 1.5%
• South Korea’s Kospi dropped nearly 3%
• SK Hynix declined 6%
• Nebius fell 6%
• CoreWeave dropped 5%
• Intel and Sandisk each lost around 5%
The selloff followed renewed calls from AI leaders to slow frontier model development and allow safety measures to catch up.
Rising oil prices are adding further pressure to risk assets.
Meanwhile, crypto remains in the green , raising a key question:
Bitcoin becoming more independent from traditional tech markets
#dyor #NFA✅
Bitcoin is showing resilience while technology and AI-related stocks face fresh selling pressure.
📊 Market snapshot:
• BTC gained around 1% to trade near $77,800
• ETH rose about 1% to around $2,500
• Nasdaq 100-tracking QQQ ETF fell 1.5%
• South Korea’s Kospi dropped nearly 3%
• SK Hynix declined 6%
• Nebius fell 6%
• CoreWeave dropped 5%
• Intel and Sandisk each lost around 5%
The selloff followed renewed calls from AI leaders to slow frontier model development and allow safety measures to catch up.
Rising oil prices are adding further pressure to risk assets.
Meanwhile, crypto remains in the green , raising a key question:
Bitcoin becoming more independent from traditional tech markets
#dyor #NFA✅