0812 GMT - Bitcoin remains weaker after hitting a two-and-a-half-week low earlier following falls in U.S. stocks overnight triggered by renewed concerns about the disruption of artificial intelligence. These fears were partly driven by a report from Citrini Research which warned of the potential economic impact of AI, including higher unemployment. Risk sentiment is also dampened by fears of a potential U.S. strike on Iran and uncertainty over U.S. trade policy. A 10% U.S. tariff has come into effect after the Supreme Court overturned most of President Trump's tariffs. Bitcoin drops 2.3% to $63,083 after hitting a low of $62,734 earlier, LSEG data show. Ether tracks its moves, falling 2.1% to $1,824 after reaching a two-and-a-half-week low of $1,1813 overnight. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
February 24, 2026 03:12 ET (08:12 GMT)
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