Weekly Wrap: Crypto Struggles as Technology Stocks Fall
Bitcoin (CRYPTO: $BTC) and other digital assets were under pressure to end the week amid a global rout in technology stocks. BTC was down about 1% and trading at $64,000 U.S. late on the afternoon of July 17 as investors rotate out of stocks tied to the artificial intelligence (A.I.) trade. Japan’s Nikkei 225 index…
