Markets· ★★· bearish·

AI-linked perpetual futures on Binance slide up to 9% as chip and data-center names sell off

  • —WDC futures fell to 298.70 USDT, rebounded to 318.30 USDT, still down 3.1%
  • —Micron and SanDisk contracts dropped 7% and 6.5% respectively
  • —IREN slid 8.8% to 24.88 USDT; CoreWeave fell 6.3%
  • —SPCXUSDT (SpaceX) declined 3.7% to 140.46 USDT
Why it matters: The AI-infrastructure selloff pressures crypto via correlation with tech stocks and broader risk appetite.
Source: Bloomingbit