Bitcoin holds near $65,000 as $800 billion AI selloff leaves crypto largely untouched

Bearish-16.72%
24 Jul, 04:43
Source: CoinDesk

AI Summary

Bitcoin held near $65,000 with minimal losses while the Magnificent Seven stocks suffered their worst day since April 2025 due to AI spending concerns from Alphabet and Tesla.

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.