Morning Edition · Thursday, August 6, 2026Published at 1:33 AM EDT · New York
Bitcoin Holds Above $64,000 as Traders Position for a $101 Billion SpaceX Share Unlock
Korea's Kospi fell 4.4 percent as artificial-intelligence-linked equities weakened, and Federal Reserve Governor Lisa Cook said she is prepared to raise rates if inflation stays high.
Bitcoin held above $64,000 while equity markets weakened, with Korea's Kospi down 4.4 percent as artificial-intelligence-linked shares fell. The scheduled event traders are watching is Thursday, when $101 billion of SpaceX stock becomes tra…
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AI Equity Cycle Drives Crypto Beta
Crypto valuations keep moving with the artificial-intelligence equity complex and the liquidity events around it, so drawdowns in technology shares and large share unlocks transmit into digital-asset prices regardless of on-chain fundamentals.
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