Markets· ★★★· bearish·

PANews digest: AI credit stress, BTC tests $81K ETF cost basis, Visa-Fireblocks deal denied

  • —QCP: CoreWeave CDS spread widened to 1,128 bps vs Oracle's 300 bps
  • —KOSPI fell 14.5%, its worst drop since October 2008
  • —Glassnode: a decisive close below $81K could send BTC toward $70K
  • —Fireblocks called the reported $25B Visa deal untrue
Why it matters: The roundup captures several simultaneous pressures on crypto: AI credit stress, an Asian equity selloff and a test of a key bitcoin support level.
Source: PANews