AICoinDeskabout 3 hours ago
Bitcoin dips to $59K, $1B liquidated as AI stocks rally
1 min read
Bitcoin dropped to $59,175 overnight, its lowest since early June, before recovering to $61,500. Nearly $1 billion in crypto futures were liquidated, including $430 million in bitcoin long positions. Micron Technology's strong earnings lifted AI chip stocks and helped steady crypto markets.
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