Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Bitcoin falls 16% as investors shift to AI stocks, commodities, and IPOs, says Charles Schwab.

Market News
04 Jun 2026
Crypto news
View Source
Bearish
pluang ai news

Bitcoin has dropped over 16% in the past month while the S&P 500 rose 5%, driven by investors favoring AI stocks, commodities, and upcoming IPOs. Charles Schwab's Jim Ferraioli explains Bitcoin's struggle is due to a loss of momentum and competition from other speculative opportunities, not crypto-specific issues. Despite positive developments like ETF approvals and institutional interest, Bitcoin hasn't sparked the same speculative surge as before. Seasonal trading slowdowns and ongoing capital shifts suggest Bitcoin may face continued pressure unless it regains investor interest.

More News

KoinBX welcomes Coinbase's INR service expansion, boosting India's crypto market growth.

KoinBX welcomes Coinbase's INR service expansion, boosting India's crypto market growth.

KoinBX, an Indian cryptocurrency exchange with over 1.5 million users, supports Coinbase's recent expansion of INR deposit and withdrawal services in India via IMPS. This development highlights India's growing role in the global crypto ecosystem and ...

Market News
Bullish
27 minutes ago
Flexible PCB market to grow to $88.3B by 2035, driven by demand in electronics, automotive, and 5G sectors.

Flexible PCB market to grow to $88.3B by 2035, driven by demand in electronics, automotive, and 5G sectors.

The global flexible printed circuit board (PCB) market is projected to grow from $27.12 billion in 2025 to $88.3 billion by 2035, with a CAGR of 12.52%. Growth is driven by demand for smaller, high-performance electronics such as smartphones, wearabl...

Market News
Bullish
54 minutes ago
YY Group shares jump 33% after unveiling new AI and robotics initiatives in Singapore.

YY Group shares jump 33% after unveiling new AI and robotics initiatives in Singapore.

YY Group Holding Limited saw its shares rise 33.29% in after-hours trading following the announcement of new AI and humanoid robotics initiatives. The Singapore-based company is expanding its AI training data strategy with a new humanoid robotics tra...

Market News
Bullish
1 hour ago
CXApp shares jump 73% after acquiring AI platform EngineRoom, boosting revenue forecast.

CXApp shares jump 73% after acquiring AI platform EngineRoom, boosting revenue forecast.

CXApp Inc shares surged 72.74% in after-hours trading following its acquisition of EngineRoom, an AI-powered growth intelligence platform. This deal is expected to increase CXApp's annual revenue run rate from $4 million to over $12 million and add a...

Company Fundamentals
Bullish
2 hours ago
Global data center colocation market to hit $327.3B by 2035, growing at 14.5% CAGR driven by digital infrastructure demand.

Global data center colocation market to hit $327.3B by 2035, growing at 14.5% CAGR driven by digital infrastructure demand.

The global data center colocation market, valued at $84.5 billion in 2025, is projected to reach $327.3 billion by 2035, expanding at a 14.5% CAGR. Growth is fueled by rising digitalization, demand for edge computing, low latency applications, and go...

Market News
Bullish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App