Semiconductors are not just dragging down the US stock market; they could also crash the crypto market.


The danger is not that the Nasdaq fell, but that semiconductors may continue to drag down cryptocurrencies. The Nasdaq slumped 4.6% this week, the S&P 500 fell 2%, and capital is retreating from AI and chip highs. If chips fail to stop falling over the next two days at the end of the month, BTC will face pressure first, and altcoin losses could amplify; only if chips stabilize and the Nasdaq turns stronger will there be a foundation for a July recovery. The first signal for the second half of the year is to watch semiconductors.
$BTC $ETH #BTC下探60000美元关键关口 #美国5月PCE通胀升至4.1%创三年新高 #gate #美股,
NAS100-0.60%
SPX5.82%
BTC0.84%
ETH1.59%
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