Bitcoin Defies Tech Selloff, Holds Steady at $65,400

Bitcoin maintained its value near $65,400 during Asian trading despite a significant downturn in major U.S. tech stocks due to concerns over heavy spending on AI infrastructure.

The 'Magnificent Seven', a group of prominent tech companies, saw their combined market value drop by $797 billion, pulling the S&P 500 and Nasdaq 100 down with it.

Bitcoin's stability in this environment suggests it may be decoupling from the AI-driven tech market trends that have heavily influenced its price recently.

The situation remains uncertain, but this could mark a shift in how Bitcoin reacts to tech sector fluctuations.