Latest / DeepMarket: Crypto Daily

2026-08-01:AI Equity Contagion Drags Bitcoin Below $63K as Smart Money Rotates to On-Chain Yield
Bitcoin fell below $63,000, but the most revealing part of this selloff may not be on Bitcoin’s chart. While roughly $265 million rushed out of spot Bitcoin ETFs, Ethereum funds quietly pulled in fresh capital. Is Wall Street beginning to treat ETH as a yield asset while Bitcoin becomes a proxy for AI-stock risk? Meanwhile, whales have placed Bitcoin buy orders as low as $47,000, LINK buyers are accumulating into a bearish setup, and decentralized derivatives open interest has surged to a record $11.5 billion. Add a $1.3 billion liquidation pocket near $61,524, and the market’s next move…
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