Crypto-related stocks, particularly bitcoin miners pivoting to AI, experienced significant losses on Wall Street, with Galaxy Digital dropping 15% and miners like Bitfarms and Cipher Mining suffering steep declines. Bitcoin remains steady around $108,000 but has fallen from $114,000, reflecting a broader risk-off sentiment in the market as investor optimism wanes. The market capitalization of AI-related companies has also decreased from over $95 billion to about $82 billion.
crypto ✓
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+ ai