Bitcoin▼ Bearish

Bitcoin tests its 200-day average as AI chip stocks rally

TradingGain Newsroom·1d ago·11 Nov 2026, 12:21 UTC

AI-linked stocks rose sharply, with a DRAM ETF up 8% and semiconductor shares gaining more than 4%. Bitcoin is still testing its 200-day moving average, so it has not joined the rebound. Traders may read this split as tech gaining favor over crypto for now.

BTCAt the time of writing, Bitcoin traded at $73,912 (-0.6% in 24h).Live price →

Why it matters

Semiconductor stocks gained more than 4%, showing strong buying in AI-linked chip names.
The DRAM ETF jumped 8%, a big move for memory chip exposure.
Bitcoin is still testing its 200-day moving average, a level many traders watch closely.

What to watch next

Watch whether bitcoin holds or breaks below its 200-day moving average, and whether the AI stock rally keeps going.

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This brief is written by TradingGain from public reporting by CoinDesk.Read original ↗

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