Episode Details
Back to Episodes
AI Chip Selloff Drags Bitcoin to $63K | CoinDesk Daily
Description
The AI selloff drags bitcoin down.
A deepening selloff in semiconductor stocks pulled bitcoin to $63,000 on Friday as markets questioned whether AI hyperscaler spending will produce the returns to justify chip valuations. CoinDesk's Sam Ewen hosts "CoinDesk Daily."
-
This episode is brought to you by RealFi, a smarter stablecoin, backed by real-world assets. Find out more at realfi.co.
-
Ledn provides a secure and transparent way to access liquidity while maintaining your bitcoin holdings.
Perfect 8 year track record of keeping clients assets safe.
Don't sell your bitcoin. Get a bitcoin-backed loan.
Check out your rate by using their loan calculator at ledn.io
JPEG Trading is a global proprietary trading firm specializing in cryptocurrency and decentralized finance markets. From market structure and liquidity provision to quantitative trading strategies, JPEG Trading operates across the full spectrum of blockchain-based assets. Follow @jpegtrading on X to stay ahead of the latest developments in digital asset markets: https://x.com/jpegtrading
-
This episode was hosted by Sam Ewen. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.