Live markets: Bitcoin, ether lead $1 billion liquidation losses as AI trade keeps going
CoinDesk·
60-second summary
Bitcoin and ether lead $1 billion liquidation losses as AI trade continues to impact crypto markets. A liquidation flush pushed bitcoin to its lowest since early June, but Micron's blowout earnings and SK Hynix's U.S. listing plans have steadied the AI trade that crypto had been sliding alongside, potentially stabilizing the market.
A liquidation flush took bitcoin to its lowest since early June before Micron's blowout earnings and SK Hynix's U.S. listing plans steadied the AI trade that crypto had been sliding alongside.