AICointelegraphabout 3 hours ago
Crypto breakout may accelerate as AI trade cools
1 min read
Bitcoin topped $67,000 and crypto stocks rallied as US crypto legislation progress and a slowdown in AI trades drove capital rotation. Coinbase rose 12%, American Bitcoin gained 14%, and Cipher Digital jumped 17%. The Philadelphia Semiconductor Index entered a bear market, falling over 20% from its high.
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