PANews
PANews|7月 28, 2026 16:52
[Analysis: Bitcoin Falls Below Key Support Level, Hits Ten-Day Low as AI Sector Sell-Off Spreads to Crypto Market] According to Cointelegraph, dragged down by the plunge in Asian chip stocks, the U.S. tech sector came under pressure. After the U.S. stock market opened on Tuesday, Bitcoin briefly fell below $63,000, breaking a key support level and hitting a nearly ten-day low. Market data shows that Bitcoin's price movement has been affected by the global tech stock sell-off, with the collapse of the Asian semiconductor sector triggering a chain reaction in risk assets, which has spread to the U.S. market. This tech stock adjustment is primarily driven by investors' concerns over the return on investment in AI infrastructure. The market has begun to question the sustainability of hyperscale cloud computing companies' continued capital expenditure increases and whether the massive investments in AI can generate sufficient returns.
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads