Bitcoin Slips Toward $103K; Miners Tumble on AI Trade Cooling, SoftBank's Nvidia Exit

Why It Matters

The pullback underscores the fragility of the AI‑driven crypto‑mining rally and could curb speculative inflows into digital assets, while SoftBank’s Nvidia exit signals shifting sentiment in AI‑hardware exposure. Combined with deteriorating labor‑market data, the moves may pressure risk assets and influence monetary‑policy expectations.