AI Stocks

AI-linked memory and semiconductor shares that dominated much of 2026 are losing momentum after a blistering run. Bitcoin has bounced from a two-year low, prompting fresh questions about whether capital is rotating back into crypto.

Bitcoin rose back above $60,000 after remarks from Fed Chair Kevin Warsh eased inflation concerns and improved risk appetite across digital assets. Solana outpaced major tokens, while weakness in semiconductor and AI shares revived debate over capital rotating back into crypto.

Major cryptocurrencies fell this week as traders chased the AI stock rally, leaving crypto under fresh pressure. Bitcoin held up better than most, repeatedly bouncing near $58,000.

Goldman Sachs says U.S. IPO issuance has surged to match 2021’s pace by dollar value, but the market still lacks the frenzy that defined past bubbles. Crypto firms including Payward, Ledger and Grayscale have also delayed listings amid volatile markets and softer demand.

Bitcoin slipped back into the $60,000 area on Wednesday as the broader crypto bear market stayed intact. The move came alongside weaker gold and oil prices, while tech and AI stocks continued to attract capital.

Deutsche Bank said Bitcoin’s slide below $60,000 reflects a tougher macro backdrop, record ETF outflows and growing pressure from leveraged corporate holders. The bank also pointed to a shift of risk capital into AI-related stocks and infrastructure, which it said is weighing on crypto demand.

Bitcoin drifted toward $63,000 as investors pulled back from risk assets and high-flying tech shares sold off. Traders are watching U.S. data, Micron earnings, and key support near $59,000 to $60,000.

Ark Invest accumulated nearly 3.3 million SpaceX shares worth more than $500 million on the company’s record-setting IPO day. The move came alongside more than $325 million in stock sales across at least 13 companies.