Bitcoin rises to $77,800 as tech stocks fall on AI concerns
- —Bitcoin up 1% over the day to $77,800; Ethereum to $2,500
- —Kospi fell 3%, SK Hynix dropped 6%, Nasdaq 100 ETF declined 1.5%
- —Nebius lost 6%, CoreWeave 5%, Sandisk and Intel 5% each
- —Over the week, bitcoin is still down more than 5%
Why it matters: Bitcoin's divergence from tech stocks may point to an emerging decorrelation, but BTC's weekly decline persists.
Source: Coin Academy