Imani Moise

For much of the past year, investors who once chased Bitcoin gains have instead been piling into AI stocks.

While Bitcoin struggles, semiconductor stocks are dominating Wall Street's leaderboard for the year.

One crypto trader put it bluntly, what Bitcoin needs is for some air to come out of the AI trade.

The shift in investor attention is now beginning to pressure some of crypto's biggest believers.

Strategy, one of Bitcoin's most outspoken supporters, sold a portion of its holdings for the first time since the last crypto winter in 2022.

The moves rattled investors because Strategy Executive Chairman Michael Saylor built a reputation on a simple message.

Never sell your Bitcoin.

Shares of crypto-linked companies ended the week lower.

Strategy tumbled about 24%.

Coinbase slipped 19%.

And Robinhood dropped more than 12%.

And now you know what's news in markets this week.

You can read about more stocks that moved on the week's news in our live markets coverage on WSJ.com.

Today's show was produced by Anthony Bansi with supervising producer Melanie Roy.

I'm Imani Moise.

Have a great weekend and catch you next Saturday.

We got a stronger-than-expected jobs report.

That means that inflation could be a problem again.

That makes the Fed less likely to cut interest rates.

And the market has really been holding out hope for lower interest rates because that usually sends stocks higher.