Bitcoin holds near $65,000 as $800 billion AI selloff leaves crypto largely untouched
CoinDesk·
60-second summary
Bitcoin holds near $65,000 as a massive $800 billion AI selloff sends shockwaves through the market, with the Magnificent Seven experiencing their worst day since April 2025. Alphabet and Tesla's AI spending concerns spook investors, causing a 1% dip in Bitcoin and a decline in dogecoin, leaving crypto largely untouched by the AI-induced market volatility affecting traditional stocks.
The Magnificent Seven had their worst day since April 2025 after Alphabet and Tesla spooked investors on AI spending. Bitcoin fell less than 1%, and dogecoin led the majors lower.