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Why Sandisk and Western Digital crashed 10% and what it means for bitcoin

CoinDesk·August 6, 2026·1 min read
Why Sandisk and Western Digital crashed 10% and what it means for bitcoin

SanDisk and Western Digital crashed 10% despite strong earnings, raising questions about whether capital is rotating from AI winners into crypto. The stock declines suggest investors may be shifting funds from AI-related stocks to cryptocurrencies, potentially impacting bitcoin and the broader crypto market.

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