Nvidia's excellent financial performance failed to calm the market's concern about the AI foam, and technology stocks declined due to the shift to defensive sectors and valuation issues. (Decrypt)
Michael Saylor stated that Strategy's investment in Bitcoin worth $5.5 billion was not affected by concerns about the delisting of the index. (Decrypt)
Analysts say the latest drawdown is exposing a divide between fast-money traders and long-term allocators who view the pullback as an opportunity.They see bitcoin’s ownership mix and regulatory progress limiting the severity of this cycle’s decline compared with past downturns.