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AI Stocks Cool, Bitcoin Rebounds | Bitcoin and Crypto News
Published 1 week, 3 days ago
Description
AI stocks, once soaring on the back of the AI boom, are now cooling off after Meta signaled it’s selling excess GPU power — triggering a 25% drop in the Memory ETF and a 12% fall in the Semiconductor ETF. Meanwhile, Bitcoin is staging a comeback, climbing above $61,000 after hitting a two-year low, hinting investors may be rebalancing toward crypto as a safer bet.
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