AI Memory Chips Power Equities While Bitcoin Tests Its Floor and Policy Risk Mounts
The global cryptocurrency market cap now stands at $2.12T, down by 1.26% over the last day, according to CoinMarketCap data.
Bitcoin ($BTC ) has been trading between $59,103 and $63,239 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $61,696, down by -1.57%.
Most major cryptocurrencies by market cap are trading mixed. Market outperformers include ATM, $SYN , and $PSG , up by 53%, 32%, and 22%, respectively.

AI Memory Chips Power Equities While Bitcoin Tests Its Floor and Policy Risk Mounts
The AI cycle is doing the heavy lifting today. Micron surged 10% on a $41.5B revenue print and flagged an HBM4 ramp running twice as fast as its prior generation, while JPMorgan's third Kospi upgrade in two months anchored on Korean memory chipmakers. Bitcoin, by contrast, has broken below the Rainbow Chart's lowest band for only the second time ever, down by 1.57% to $61,696 near its halving price. Adding