Bitcoin Stays Weak Amid Tech Selloff

Dow Jones

06/26

1133 GMT - Bitcoin slips back below $60,000 as U.S. stock futures fall driven by losses in tech stocks. Apple's decision to raise prices of its major products due to rising memory and storage chip costs has sparked fears about the sustainability of the AI boom, XM analyst Raffi Boyadjian says in a note. It raises concerns that other companies will also hike prices as massive investments in AI lead to an unprecedented demand for memory and storage chips, he says. Consumer demand for tech and AI products could eventually cool, "bringing into question whether all the spending on AI infrastructure will pay off." Bitcoin trades flat at $59,360, having reached a 21-month low of $58,075 Thursday, LSEG data show. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

June 26, 2026 07:34 ET (11:34 GMT)

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Apple's decision to raise prices of its major products due to rising memory and storage chip costs has sparked fears about the sustainability of the AI boom, XM analyst Raffi Boyadjian says in a note. It raises concerns that other companies will also hike prices as massive investments in AI lead to an unprecedented demand for memory and storage chips, he says. Consumer demand for tech and AI products could eventually cool, \"bringing into question whether all the spending on AI infrastructure will pay off.\" Bitcoin trades flat at $59,360, having reached a 21-month low of $58,075 Thursday, LSEG data show. (renae.dyer@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 26, 2026 07:34 ET (11:34 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Stays Weak Amid Tech Selloff</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Stays Weak Amid Tech Selloff\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-26 19:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1133 GMT - Bitcoin slips back below $60,000 as U.S. stock futures fall driven by losses in tech stocks. Apple's decision to raise prices of its major products due to rising memory and storage chip costs has sparked fears about the sustainability of the AI boom, XM analyst Raffi Boyadjian says in a note. It raises concerns that other companies will also hike prices as massive investments in AI lead to an unprecedented demand for memory and storage chips, he says. Consumer demand for tech and AI products could eventually cool, \"bringing into question whether all the spending on AI infrastructure will pay off.\" Bitcoin trades flat at $59,360, having reached a 21-month low of $58,075 Thursday, LSEG data show. (renae.dyer@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 26, 2026 07:34 ET (11:34 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CBTY","symbol_name":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - July","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2646354981","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2646354981","pubTimestamp":1782473640,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1133 GMT - Bitcoin slips back below $60,000 as U.S. stock futures fall driven by losses in tech stocks. Apple's decision to raise prices of its major products due to rising memory and storage chip costs has sparked fears about the sustainability of the AI boom, XM analyst Raffi Boyadjian says in a note. It raises concerns that other companies will also hike prices as massive investments in AI lead to an unprecedented demand for memory and storage chips, he says. Consumer demand for tech and AI products could eventually cool, \"bringing into question whether all the spending on AI infrastructure will pay off.\" Bitcoin trades flat at $59,360, having reached a 21-month low of $58,075 Thursday, LSEG data show.  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Apple's decision to raise prices of its major products due to rising memory and storage chip costs has sparked fears about the sustainability of the AI boom, XM analyst Raffi Boyadjian says in a note. It raises concerns that other companies will also hike prices as massive investments in AI lead to an unprecedented demand for memory and storage chips, he says. Consumer demand for tech and AI products could eventually cool, \"bringing into question whether all the spending on AI infrastructure will pay off.\" Bitcoin trades flat at $59,360, having reached a 21-month low of $58,075 Thursday, LSEG data show. (renae.dyer@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 26, 2026 07:34 ET (11:34 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}