Bitcoin (BTC) Price News: Slips 2% to $92K as Microsoft (MSFT) Lowers AI Sales Goals
Bitcoin dipped to $92K as tech stocks fell following reports that Microsoft lowered its AI sales targets.Summary
The recent crypto rally stalled as tech stocks declined following a report from The Information stating that Microsoft is lowering its artificial intelligence software sales quotas due to slower-than-expected customer adoption of its new "agents" in 2025. Consequently, sales targets were reduced across several divisions, including Azure, after growth goals were missed. This news caused Microsoft shares to slide nearly 3% and the Nasdaq 100 to turn negative, leading crypto prices, which are closely correlated, to fall in sympathy. Bitcoin dropped from above $93,000 to around $91,800, while Ethereum also slipped but remained above $3,000. Bitcoin mining stocks showed muted reactions, with most seeing slight dips, while some crypto-related equities like MicroStrategy and Coinbase gained slightly.
(Source：CoinDesk)