Bitcoin
Bitcoin (BTC) Price: Chinese AI Just Shook Crypto Markets — Here’s What Happened
CoinCentral·July 18, 2026·1 min read
Bitcoin rebounded to around $63,972 after sliding earlier in the week. Chinese AI firm Moonshot AI released Kimi K3, which outperformed OpenAI and Anthropic models, rattling tech and crypto markets by threatening the scarcity of expensive AI infrastructure. Bitcoin miners with AI/HPC contracts could feel pressure.
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