Morning Edition · Saturday, July 18, 2026Published at 1:32 AM EDT · New York
Bitcoin Holds Near $63,000 as a Global Selloff in Chip Stocks Pulls Risk Assets Lower
A selloff in semiconductor shares, deepened by a Chinese model topping a coding benchmark, coincided with Bitcoin falling from the $65,000 it reached on a soft inflation reading, though on-chain data showed buyers.
Bitcoin traded near $63,000, down from the roughly $65,000 it reached earlier in the week after a soft United States inflation reading, as risk assets fell during a global selloff in chipmaker shares, according to CoinDesk. The move shows h…
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