Bitcoin holds near $78,000 as Wall Street faces AI-driven selloff
Bitcoin remains above $77,000 despite a broader market downturn as investors reassess AI-related stocks. While chip manufacturers like Nvidia and Intel saw significant declines, software stocks showed resilience, suggesting a selective market repricing rather than a uniform selloff. Nasdaq 100 E-mini futures fell 1.72% as of 4:46 a.m. Eastern on Sept. 14, while Bitcoin traded at $77,678 at 7:42 a.m. Eastern.
Summaries are written by AI from the original article. Not investment advice.