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Bitcoin Holds Near $65,000 as US AI Stocks Slump

Bloomingbit Newsroom

Forecast Trend Report by Period

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Photo: Shutterstock
Photo: Shutterstock

Bitcoin remained relatively steady near $65,000 even as artificial intelligence-related stocks in the US market sold off sharply.

Crypto-focused media outlet Odaily reported on July 24 that Bitcoin was showing resilience by holding near the $65,000 level despite heavy selling in US AI shares.

The large US technology stocks known as the Magnificent Seven recently posted their worst one-day performance since April, further weakening sentiment across the broader tech sector.

The selloff in AI stocks, however, has not spilled over meaningfully into the digital-asset market. Bitcoin's price moves remained limited, a sign that its correlation with high-growth technology shares may have eased.

Market analysts say Bitcoin is now being driven more by crypto-market fund flows, institutional demand and the outlook for macro liquidity than by moves in technology stocks.

As volatility rises across traditional risk assets, investors are watching whether Bitcoin can sustain an independent price trend near $65,000.

Bloomingbit Newsroom

Bloomingbit Newsroom

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