Live updates: Crypto climbs off worst levels as stock selloff is contained to AI names

Bullish+12.57%
28 Jul, 07:46
Source: CoinDesk

AI Summary

US markets show sector rotation with AI chipmakers declining while DJIA gains over 1% led by consumer staples, and crypto recovers from Asian session lows.

While the chipmakers continue their tumble, the DJIA is actually higher by more than 1%, led by Coca-Cola, Walmart, and Home Depot.