Photo: A golden Bitcoin coin (file image)
Crypto & MarketsBitcoin sinks below $76,000 to seven-week low as AI stock rout wipes out post-election rally
Bitcoin fell to $75,463, its lowest since mid-September, as a sharp sell-off in AI and chip stocks dragged the Nasdaq to its worst day since April and wiped out more than $1 billion in leveraged crypto bets.
Photo: Inside the Tokyo Stock Exchange
Business & FinanceAsian shares slip on Monday as AI investment worries linger after Wall Street sell-off
Asian share markets slipped on Monday as doubts about the scale and returns of artificial intelligence spending weighed on technology stocks, after a sharp Wall Street sell-off on Friday, while oil prices eased on hopes for progress in Qatar-led talks on the US-Iran confrontation.