AI-related stocks saw a strong rebound overnight, with MSCI's Asia Pacific index rising 2.5%, South Korea's Kospi up to 8%, and the Nasdaq 100 gaining 1.6%. Semiconductor stocks also surged, with SK Hynix up 11%. Despite this tech rally, cryptocurrencies like Bitcoin and Ether showed only modest gains of under 2%, remaining significantly down for the week. This divergence follows last week's sell-off when both AI shares and crypto fell due to concerns over stretched chip valuations, but now AI stocks have bounced back while crypto remains weak.
Bitcoin and other major cryptocurrencies like Ethereum and XRP fell slightly as investors reacted to ongoing Middle East tensions and hopes for a ceasefire. Bitcoin traded between $62,000 and $64,000 with declining volume, while Ethereum briefly rose...
Bitcoin has faced pressure in 2026 with a 27% decline, but Bernstein analysts see this as a shift toward a more institution-driven market rather than a sign of trouble. Retail investors are moving toward AI stocks, causing capital inflows into Bitcoi...
Bitcoin is trading near $63,000, about 50% below its all-time high, with investors watching the Bitcoin Electrical Cost metric, currently around $48,694. This metric, which measures the average electricity cost for miners to produce one BTC, has hist...
Bitcoin recovered strongly to surpass $64,000 after falling below $60,000 during a sharp sell-off triggered by rising Iran-Israel tensions. This rebound helped the overall crypto market cap reach $2.26 trillion despite ongoing geopolitical risks. The...
Bitcoin has rebounded to around $63,000 following a relief rally after hitting oversold levels, with Ethereum, XRP, and Dogecoin also rising by about 3%. Despite this bounce, analysts warn the recovery may be shallow, as Bitcoin faces resistance near...
