# AI Chip Selloff Drags Bitcoin to $63K | CoinDesk Daily

Page: https://stenobird.com/podcast/coindesk-podcast-network-334494/ai-chip-selloff-drags-bitcoin-to-63k-coindesk-daily
Text version: https://stenobird.com/podcast/coindesk-podcast-network-334494/ai-chip-selloff-drags-bitcoin-to-63k-coindesk-daily.md
Podcast: [CoinDesk Podcast Network](https://stenobird.com/podcast/coindesk-podcast-network-334494)
Published: 2026-07-17T19:15:00+00:00
Episode link: https://traffic.megaphone.fm/CDI5961270504.mp3
Audio file: https://traffic.megaphone.fm/CDI5961270504.mp3
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JSON: https://stenobird.com/v1/public/podcasts/coindesk-podcast-network-334494/episodes/ai-chip-selloff-drags-bitcoin-to-63k-coindesk-daily
Duration seconds: 103

## Resource

The AI selloff drags bitcoin down. A deepening selloff in semiconductor stocks pulled bitcoin to $63,000 on Friday as markets questioned whether AI hyperscaler spending will produce the returns to justify chip valuations. CoinDesk's Sam Ewen hosts "CoinDesk Daily." - This episode is brought to you by RealFi, a smarter stablecoin, backed by real-world assets. Find out more at⁠⁠⁠⁠⁠⁠ realfi.co⁠⁠⁠⁠⁠⁠. - Ledn provides a secure and transparent way to access liquidity while maintaining your bitcoin holdings. Perfect 8 year track record of keeping clients assets safe. Don't sell your bitcoin. Get a bitcoin-backed loan. Check out your rate by using their loan calculator at⁠⁠⁠⁠⁠⁠ ledn.io⁠⁠⁠⁠⁠⁠ JPEG Trading is a global proprietary trading firm specializing in cryptocurrency and decentralized finance markets. From market structure and liquidity provision to quantitative trading strategies, JPEG Trading operates across the full spectrum of blockchain-based assets. Follow @jpegtrading on X to stay ahead of the latest developments in digital asset markets:⁠⁠⁠⁠⁠⁠ https://x.com/jpegtrading⁠⁠⁠⁠⁠⁠ - This episode was hosted by Sam Ewen. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

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