Wall Street braces for a Monday meltdown โ so why is Bitcoin holding near $78,000?

Bitcoin is trading above $77,000 on Monday as selling in AI-related stocks put Wall Street on course for a weaker open. The weakness followed weekend calls to pace AI development and coincided with rising oil prices. Gains in software shares showed a more divided technology market.
At 4:46 a.m. Eastern on Sept. 14, Reuters reported Nasdaq 100 E-mini futures down 1.72%, compared with a 0.70% decline for S&P 500 futures and a 0.18% fall for Dow futures. Bitcoin stood at $77,678 at 7:42 a.m. Eastern, according to CryptoSlate's price page. Together they frame the opening question: will the AI selloff spread, or remain concentrated enough for other risk assets to hold their ground?
The uneven losses suggest a selective repricing, with the wider market still facing a test at the opening bell. A Monday shakeout that finds buyers remains plausible. Bitcoin's position above $77,000 provides a reference against which to judge its response during the session.
Chip stocks were among the weakest shares in Reuters' premarket report. Nvidia fell more than 2%, Intel and Marvell nearly 6%, and AMD nearly 5%. Software moved the other way: ServiceNow gained 3%, while Adobe and Workday rose 2.5% each.
โฆ Continue reading the full article at the original source below.



