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Crypto Weekly Digest | Wall Street’s AI selloff meets Bitcoi…

Crypto Weekly Digest | Wall Street’s AI selloff meets Bitcoi…

Wall Street ended the week under pressure as investors reassessed AI spending, technology valuations and corporate earnings. The $Invesco QQQ Trust (QQQ.US)$ fell 2.86% on Friday, while the $SPDR S&P 500 ETF (SPY.US)$ declined 1.82%. Semiconductor stocks faced particularly heavy selling, with $NVIDIA (NVDA.US)$ down approximately 4.2%, $Advanced Micro Devices (AMD.US)$ falling 10.9% and Intel plunging 28.6%.

$Bitcoin (BTC.CC)$ also struggled, falling toward $76,000 following the Binance security incident before recovering to approximately $78,000 over the weekend. $Ethereum (ETH.CC)$ fall below $2,300. U.S. spot Bitcoin ETFs recorded around $203 million in weekly net outflows, including $643 million on Friday.

Market Summary Wall Street ended the week under pressure as investors reassessed AI spending, technology valuations and corporate earnings. The $Invesco QQQ Trust (QQQ.US)$ fell 2.86% on Friday, while the $SPDR S&P 500 ETF (SPY.US)$ declined 1.82%. Semiconductor stocks faced particularly heavy selling, with $NVIDIA (NVDA.US)$ down approximately 4.2%, $Advanced Micro Devices (AMD.US)$ falling 10.9% a...

Meanwhile, Robinhood’s…

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