Recently, Bitcoin fell to the $62,000 level, and cryptocurrencies tied to AI hype saw an overall pullback of more than 14% as well. This drop is not just weakness specific to the crypto market—it is the result of a chain reaction across global markets.

The root cause is that Broadcom’s AI chip performance failed to meet market expectations. Semiconductor and AI-related stocks, which had been rising steadily, promptly lost momentum. The Nasdaq index has been falling for three consecutive days, Asian stock markets are under pressure at the same time, and the Korean stock index and the won exchange rate have both plunged sharply. Risk-averse sentiment across the entire market surged instantly, with funds piling into safety and abandoning high-risk assets like cryptocurrencies.

Across the board, major coins in the market collapsed. Bitcoin fell more than 14.5% over the week. Ethereum and Solana’s weekly declines were even greater, breaking 15%. Even HYPE, which had previously surged on the AI narrative, fully gave back its gains.

In addition, the US Bitcoin spot ETF has seen large net outflows for 13 consecutive days, with more than $4.4 billion gradually withdrawn from the market—leaving insufficient incremental capital to prop up trading.

With multiple negative factors stacking together, coins that had previously surged on AI concepts collectively cooled off, resulting in the current situation where Bitcoin plunged and the overall AI-related market pulled back 14%. #分享美股交易赢英伟达股票 $BTC