Crypto
Bitcoin Plunges to 10-Day Low Amid AI Selloff
The price of Bitcoin (BTC) dipped to $63,494 on Tuesday, marking its weakest performance since July 17. The decline was more than 3% and coincided with a selloff in technology stocks tied to artificial intelligence.
South Korea's KOSPI benchmark fell over 10%, driven by investor exits from AI semiconductor manufacturers such as Samsung Electronics and SK Hynix.
The bearish momentum extended into digital currency markets, with Ethereum declining around 4.43% and Solana retreating 4.41%. XRP also fell 4.89% during the same trading period.