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AI Chip Selloff Drags Bitcoin to $63K CoinDesk Daily artwork
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AI Chip Selloff Drags Bitcoin to $63K CoinDesk Daily

Late Confirmation by CoinDesk by CoinDesk

Jul 17, 20261:43Business

The AI selloff drags bitcoin down. A deepening selloff in semiconductor stocks pulled bitcoin to $63,000 on Friday as markets questioned whether AI hyperscaler spending will produce the returns to justify chip valuations...

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AI Chip Selloff Drags Bitcoin to $63K CoinDesk Daily is an episode from Late Confirmation by CoinDesk by CoinDesk. The AI selloff drags bitcoin down. A deepening selloff in semiconductor stocks pulled bitcoin to $63,000 on Friday as markets...

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Published Jul 17, 2026, 1:43 long, audio available.

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