Bitcoin Defies $800 Billion Tech Selloff, Trading Near $65,000
The recent $800 billion selloff in U.S. tech giants had little impact on Bitcoin, which held near $65,000.
Alphabet and Tesla led the decline after quarterly results sparked concerns about AI spending returns.
Crypto markets were surprisingly resilient, with major layer-1 tokens and DeFi assets posting only fractional losses.
The decoupling between crypto and tech stocks raises questions about market structure and liquidity dynamics.