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#Tech selloff

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Bitcoin Defies Tech Selloff as AI Safety Concerns Weigh on Stocks
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Bitcoin Defies Tech Selloff as AI Safety Concerns Weigh on Stocks

U.S. technology and artificial intelligence stocks declined in pre-market trading Monday after prominent industry leaders raised fresh concerns about the rapid pace of AI development over the weekend. While equities slid, cryptocurrencies moved higher, with Bitcoin gaining approximately 1% to $77,800 and Ether rising 1% to $2,500. AI Leaders Urge Caution on Development Speed Anthropic ...