Bitcoin Slides Below $66,000 as Markets Await Alphabet Earnings Report

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Bitcoin fell below $66,000 as traders adopted a cautious stance ahead of Alphabet's quarterly earnings release. A brief two-day recovery in chip stocks lost momentum as investors looked to the results for signals on AI spending returns. Alphabet's earnings are seen as a key indicator of whether massive investments in artificial intelligence are generating meaningful returns. Bitcoin has closely mirrored movements in the AI and chip trade throughout the month, reflecting its growing correlation with tech sentiment.

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