Cryptocurrency11 Aug 2026SEO 801 min read

Analysis: Live updates: Bitcoin slips as corporate BTC enthusiasm moves to AI

The companies that made crypto respectable are leaving for AI, and that's pressuring bitcoin Bitcoin slipped 2% to about $64,200 on Monday, dragged down l…

The companies that made crypto respectable are leaving for AI, and that's pressuring bitcoin Bitcoin slipped 2% to about $64,200 on Monday, dragged down less by any single catalyst than by the corporations that once championed it turning their attention to AI, says Alex Kuptsikevich, chief market analyst at FxPro. The wider market fell 2% to $2.18 trillion, with roughly ten coins falling for every one that rose. The names doing the pivoting are the ones that gave crypto institutional cover…

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