Live markets: Bitcoin trades above $65,000 as Alphabet's bigger AI bill props up the chip trade
COINDESK ·
Bitcoin traded near $65,400 on Thursday, down 0.3% on the day and up 1.4% on the week, per CoinDesk data. The market stayed quiet through Alphabet's earnings, the report the whole week had been waiting on for a read on AI spending. Alphabet delivered a split verdict. Revenue rose 24% to $119.8 billion and cloud grew 82%, both ahead of expectations, but the company lifted its 2026 capital spending forecast again, to $195 billion to $205 billion from $180 billion to $190 billion, citing a "supply-constrained" scramble to meet AI demand. Its stock fell after hours as investors weighed the heavier spend against slimmer free cash flow. Alphabet's own shareholders may not like a fatter bill, but more capital pouring into AI infrastructure is what chip stocks have rallied on. Asian chipmakers rose again on Thursday, with the Kospi up 3.6% and Samsung and SK Hynix both up more than 2% on bets they will capture some of that spending. The majors were flat. Ether held near $1,916, XRP at $1.13 and Solana at $77, with Hyperliquid the outlier, down 11% on the week. Oil kept climbing, extending a July rally that has revived inflation worries. The next test is the Fed on July 28 and 29.
AI 시장 분석
As Bitcoin trades above $65,000, Alphabet's massive expansion of AI investments is spreading positive momentum across the semiconductor market. This trend is stimulating risk-on sentiment and driving a concurrent rally in major tech stocks and the cryptocurrency market. Investors should closely monitor the scale of Big Tech's continuous capital expenditures (CapEx) and macroeconomic indicators.
상승 영향
- Bitcoin — Recovering risk-on sentiment and liquidity inflows are stabilizing prices above the $65,000 mark, raising expectations for further gains.
- Semiconductors — Aggressive expansion of AI-related CapEx by Big Tech companies, including Alphabet, is directly linking to increased semiconductor demand and strong earnings.
- AI — Active capital expenditures by major tech stocks are heightening growth potential and monetization expectations across the entire artificial intelligence industry ecosystem.
AI가 생성한 분석으로 투자 자문이 아닙니다.
DYAX Investor Sentiment
Bullish (Long) 51% · Bearish (Short) 49%
540 participants
Related News
- 'Not currently the right capital solution': Smarter Web sells 178 bitcoin to repay $11.7M convertible instrument
- Axe Compute Signs $1.3B in New Contracts, Clearing Its Full-Year 2026 Target in July
- Arbitrum Perp DEX AFX Trade Drained of $24M, Offers Hacker 30% to Return It
- Cryptocurrency exchange BitMEX to shut down
- CRMUSDT contract API detection
- The State of Sia, June 2026
