Bitcoin rebounds as investors reassess rate outlook amid AI stock sell-off
Photo: Crypto Briefing
Investors explore Bitcoin's potential as a safe-haven asset amid AI stock volatility and shifting rate expectations. Bitcoin clawed its way back above $81K on Thursday, recovering from an overnight plunge below $80K even as US equities cratered and Treasury yields pulled back from their recent highs. The Nasdaq fell 1.5% as investors punished anything adjacent to artificial intelligence spending. Google parent Alphabet saw its stock crater 12% on disappointing results. ServiceNow dropped 23% after missing forecasts. Even Microsoft , which actually beat estimates, still lost about 1%.
Source: Crypto Briefing
