Analysts say Bitcoin faces greater downside risk, and selling call options currently offers better value.

The Philadelphia Semiconductor Index fell as much as 3% in early trading.

Bolivia Evaluates Adding USDT to Its National Payment System, Economy Minister Says

STOCKS | U.S. Stocks Open Mixed as Dow Rises and Nasdaq Falls

US AI technology stocks saw a collective pullback, with the storage sector leading the decline.

US stocks opened with mixed results for the crypto sector, with Coinbase down 1.14%.

US stocks opened lower across the board for AI-related stocks, with Micron Technology falling more than 5.67%.

Gold and silver prices generally fell, while cryptocurrency volatility increased, with the BVIX rising 5.87% intraday.

Global listed companies were net sellers of $85.45 million in BTC last week, with Strategy and Metaplanet both absent.

SanDisk was hit by a market panic sell-off, while Goldman Sachs bucked the trend by raising its target price and expressing optimism about its August earnings report.