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Bitcoin range-bound near $60K-$65K as AI tech draws some investor capital away

Market News
13 Aug 2026
CrowdFundInsider
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Neutral
pluang ai news

Bitcoin has been trading in a narrow range between $60,000 and $65,000, with low volatility signaling a potential upcoming price move. Fidelity Digital Assets notes that while markets seem quiet, digital assets remain active, with renewed inflows into Bitcoin spot ETPs. Meanwhile, AI technology is attracting institutional investors and capital, creating a rotation rather than a replacement of Bitcoin's role. Experts highlight that Bitcoin's value lies in its scarcity and decentralized nature, while AI offers productive infrastructure with measurable returns, suggesting both could coexist as key digital economy investments this decade.

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Abeona Therapeutics' price target cut to $15 after Q2 revenue miss and operational issues with Zevaskyn therapy.

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