The AI semiconductor sector cools down as Bitcoin rebounds above $61,000
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According to CoinDesk, the AI storage and semiconductor sectors have cooled recently, while Bitcoin has rebounded from its recent lows to above $61,000. Individual stocks such as SanDisk and Micron have lost momentum, the DRAM ETF has dropped about 25% from its mid-June peak, and SMH has fallen by around 12%. The market is starting to show early signs of internal rebalancing among risk assets.
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