Live updates: Bitcoin under $66,000 as traders await Alphabet earnings to gauge AI trade
COINDESK ·
Bitcoin traded near $65,900 on Wednesday, holding just below the two-week high it touched earlier, up 1.5% on the week, per CoinDesk data. The pause matches the broader market, where a two-day rebound in chip stocks stalled as traders waited on Alphabet's results after the U.S. close. Nasdaq 100 futures fell 0.8% and South Korea's Kospi trimmed strong early gains, with tech lagging in Europe too. The trigger is Alphabet, which said last quarter it would more than double capital spending to as much as $190 billion this year. Investors want evidence that spending is generating returns, and the report lands just as chipmakers have been whipsawed by fears the pace of AI investment cannot hold. Bitcoin has moved with the AI trade all month, up when the chip complex is strong and down when it wobbles, because the same risk appetite drives both and because bitcoin miners have rebuilt into AI data-center operators. The majors were quiet otherwise. Ether held near $1,917, up 2% on the week, while Hyperliquid lagged at down 2% over seven days. The Fed meets July 28 and 29, six days after Alphabet gives the market its first hard look at whether the AI build-out is still worth paying for.
AI 시장 분석
Bitcoin is showing a correction phase, falling below $66,000. Market participants are closely watching Alphabet's earnings release to gauge AI-related investment sentiment. Amid expanding volatility across risk assets in general, investors are staying on high alert regarding macroeconomic indicators and Big Tech earnings.
상승 영향
- AI — Alphabet's earnings report could support AI-related investment sentiment and provide additional upward momentum for related tech stocks.
하락 영향
- Bitcoin — Amid weakness below the $66,000 level, macroeconomic uncertainty and caution ahead of Big Tech earnings are triggering selling pressure.
AI가 생성한 분석으로 투자 자문이 아닙니다.
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