Follow UsLive updates: Bitcoin falls to $63,500; CoreWeave jumps 9% as AI demand pushes backlog over $100 billion
Bullish-34.69%
11 Aug, 10:34
Source: CoinDesk
AI Summary
Bitcoin drops to $63,500 amid inflation concerns while CoreWeave surges 9% on AI-driven backlog exceeding $100 billion, signaling capital rotation from crypto to AI infrastructure.
STS Digital's Jeff Anderson said Wednesday's U.S. inflation report could spark bitcoin volatility from tight trading range.