Dossier
chip trade
Coverage of chip trade in the Nexus archive.
- Live markets: Bitcoin trades above $65,000 as Alphabet's bigger AI bill props up the chip trade
Bitcoin trades above $65,000 as Alphabet's larger AI bill supports the chip trade.
- Bitcoin hits a two-week high near $65,500 as the chip trade turns back into a tailwind
Bitcoin reached a two-week high near $65,500 as the chip trade shifted back into a tailwind for the cryptocurrency. The price surge was driven by renewed optimism in the semiconductor sector's impact on Bitcoin's network and mining activities.
- Ether falls twice as hard as bitcoin and HYPE drops 10% as the chip trade unwinds
Ether declined more sharply than Bitcoin, and HYPE experienced a 10% drop as the chip trade activity decreased.