{"id":668626,"date":"2026-05-27T19:22:11","date_gmt":"2026-05-27T19:22:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/668626\/"},"modified":"2026-05-27T19:22:11","modified_gmt":"2026-05-27T19:22:11","slug":"bitcoin-price-updates-btc-slips-back-near-75000-as-investors-turn-elsewhere-for-gains","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/668626\/","title":{"rendered":"Bitcoin price updates: BTC slips back near $75,000 as investors turn elsewhere for gains"},"content":{"rendered":"

Just a $70 billion company one year ago, memory chip maker Micron Technology (MU) yesterday soared 21% and topped a $1 trillion valuation alongside a massive price target hike from UBS.<\/p>\n

South Korea’s SK Hynix followed suit, rising 9.3% in Seoul on Wednesday to top $1 trillion in market value. It’s shares are higher by more than 1,000% over the past year. Earlier this month, peer Samsung Electronics also topped $1 trillion.<\/p>\n

The memory stocks are one leg of the AI boom, with investors expecting chip shortages \u2014 and thus pricing power \u2014 to last into 2028.<\/p>\n

Micron is higher by another 8% in U.S. premarket trading Wednesday morning, with the tech-heavy Nasdaq ahead 0.9%.<\/p>\n

Sentiment in the gutter<\/p>\n

Bitcoin (BTC), meanwhile, is down 1.5% over the past 24 hours at $75,800, as the action in AI-related names continues to draw attention and capital from crypto markets, which \u2014 despite decent bounces from the early February lows \u2014 remain engulfed in poor vibes.<\/p>\n

“Nobody cares about bitcoin right now … and you just love to see it,” said analyst James Check<\/a> earlier this week. “Bitcoin sentiment is in the absolute gutter, and the bears are measurably the most confident they have been in a long time.”<\/p>\n

“Anger, annoyance, disappointment, it’s all happening right now.”<\/p>\n","protected":false},"excerpt":{"rendered":"Just a $70 billion company one year ago, memory chip maker Micron Technology (MU) yesterday soared 21% and…\n","protected":false},"author":2,"featured_media":668627,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[931,28,282575],"class_list":["post-668626","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bitcoin","tag-business","tag-livenews"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/668626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=668626"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/668626\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/668627"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=668626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=668626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=668626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}