Cryptocurrency markets experienced a downturn as concerns over increased AI spending impacted U.S. equities. The CoinDesk 20 Index (CD20) fell 1.7% in the past 24 hours. Bitcoin's price decreased by 0.2% to $110,256.83, while Ethereum saw a larger drop of 1.3%, settling at $3,873.38. The market sentiment reflected mixed signals, with derivatives positioning indicating a shift towards a neutral-to-bearish outlook in the short term.
Crypto Markets Decline Amid AI Investment Concerns
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