Bitcoin Tops $64,000 as Crypto Miners Shift Computing Power to AI

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Bitcoin rose above $64,000 while most major cryptocurrencies declined. Crypto miners have reduced their computing power by approximately 20% over three quarters, reallocating resources toward artificial intelligence workloads. This shift reflects a broader industry trend of repurposing mining infrastructure for AI applications. Meanwhile, Venice's token surged 10% after the company announced it had surpassed $100 million in annualised revenue.

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