Semiconductors are not just dragging down U.S. stocks; they could also crash the crypto market.


The danger is not that the Nasdaq has fallen, but that semiconductors could continue to drag down cryptocurrencies. The Nasdaq plunged 4.6% this week, the S&P dropped 2%, and capital is retreating from AI and chip highs. If chips fail to stop falling in the last two days of the month, BTC will face pressure first, and altcoins may see amplified declines; only if chips stop falling and the Nasdaq strengthens will July have a foundation for recovery. The first signal for the second half of the year is to watch semiconductors.$BTC $ETH #BTC下探60000美元关键关口 #美国5月PCE通胀升至4.1%创三年新高 #gate #美股,
BTC0.54%
ETH1.31%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned