Live markets: Bitcoin remains under pressure as Korea's SK Hynix joins Micron in $1 trillion club
CoinDesk
Bitcoin faces downward pressure as investor capital shifts toward surging AI-related memory chip stocks like SK Hynix and Micron.Summary
Bitcoin continues to struggle, falling 1.5% to $75,800 as market attention shifts toward the artificial intelligence sector. Memory chip manufacturers, including Micron Technology and Korea's SK Hynix, have recently joined the $1 trillion market valuation club, driven by expectations of sustained demand through 2028. Analysts note that negative market sentiment persists for Bitcoin, with capital flows currently favoring AI-linked stocks over cryptocurrencies.
(Source：CoinDesk)