A liquidation flush took bitcoin to its lowest since early June before Micron's blowout earnings and SK Hynix's U.S. listing plans steadied the AI trade that crypto had been sliding alongside.
Bitcoin experienced a liquidation flush, falling to its lowest point since early June, contributing to over $1 billion in losses. However, the broader AI trade, which crypto had been tracking, stabilized. This recovery was driven by strong earnings from Micron and SK Hynix's…
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