Source: CoinDesk ↗
Live updates: Bitcoin under $66,000 as traders await Alphabet earnings to gauge AI trade
What the source reports
A two-day chip rebound stalled ahead of Alphabet's earnings in a sign of whether the hundreds of billions going into AI is paying off. Bitcoin has tracked that trade all month.
Read the original report on CoinDesk ↗Live market context
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
Related news
Open news desk →Bitcoin retreats from one-month high as oil tops $85, inflation concerns resurface
BTC retreated from a one-month high as WTI crude topped $85 for the first time since June, reigniting inflation concerns and pushing investors toward gold, silver and the safety of bitcoin over altcoins.
Galaxy pledges $5M for developers quantum-proofing Bitcoin
Galaxy pledged up to $5 million in grants for developers working on Bitcoin’s quantum security and elected a council of quantum-advisory experts to research quantum-resistant migration solutions.
As Bitcoin breaches $66K its latest bottom signal trapped buyers in a 20% loss
Bitcoin has climbed back from its June 30 low near $58,500, trading at near $66,000 as of press time. Options traders are still paying steep premiums for protection against another leg down, and traders on perpetual futures markets have resumed paying to hold leveraged long positions. Both readings sit in a middle zone, well short […]The postAs Bitcoin breaches $66K its latest bottom signal trappe...