Bitcoin slips below $66,000 as tech giants face an AI reality check

Bitcoin's recent tight correlation with tech stocks is back in the spotlight. The largest digital asset dipped under the $66,000 mark Tuesday, stalling alongside a two-day rally in semiconductor shares. All eyes are now on Alphabet’s quarterly earnings report. Investors want to see if the massive capital expenditures poured into artificial intelligence are actually hitting the bottom line. It's a high-stakes moment for crypto traders who've spent the month tracking the AI trade like a shadow. While chipmakers offered a brief reprieve earlier this week, the momentum evaporated as the market shifted into a wait-and-see stance. If the Google parent company misses the mark on its AI returns, Bitcoin might find itself dragged down by a broader cooling of tech sentiment. Traders aren't just watching candle charts anymore; they're reading data center balance sheets to find the next move. Will the AI hype cycle keep propping up the BTC price, or is the link finally about to snap?