CoreWeave Heads for Third Weekly Loss, Weighing on Stocks and Bitcoin Over AI Financing Fears

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Bitcoin hovered near $81,400 on Friday, remaining steady compared to the prior week following a 3.2% decline on Thursday triggered by broader equity weakness over AI infrastructure funding worries. CoreWeave shares traded at $54.43, down 2.11%, putting the stock on track for a third consecutive weekly loss after plunging to a 52-week low earlier in the week. Bernstein reduced its target price to $51 from $74, while Morgan Stanley cut its target to $70 from $99. The Nasdaq Composite dropped 2.6% on Thursday, marking its worst performance since June, as concerns mounted over high financing costs and capital scarcity. Additionally, U.S. spot bitcoin ETFs suffered $635 million in net outflows on Thursday, representing the largest single-day withdrawal since late June, alongside widespread crypto liquidations totaling $336 million over a 24-hour period.

AI 시장 분석

Amid concerns over AI infrastructure financing and the aftermath of CoreWeave's three-week consecutive stock decline, Bitcoin is hovering around $81,400 after plunging 37% in October. A net outflow of $635 million from US spot Bitcoin ETFs and a 2.6% sharp drop in the Nasdaq are exerting downward pressure on risk assets overall. Investors must closely monitor the risk that capital shortages driven by a high-interest-rate environment could slow the growth of the AI and cryptocurrency markets.

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DYAX 전담 분석

As concerns over capital shortages for AI infrastructure building spread, CoreWeave's stock fell to around $55 near its 52-week low, and the Nasdaq index recorded its worst drop since June. This spilled over into the cryptocurrency market, triggering a massive net outflow of $635 million from spot Bitcoin ETFs along with forced liquidations worth $336 million.

While a rebound in risk assets is expected if future financing conditions improve, the possibility of a concurrent further decline in the stock market and Bitcoin exists if the credit crunch deepens. Key monitoring indicators are whether Bitcoin defends the $80,000 support line and financing news related to AI stocks.

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