Bitget UEX Daily Report | Bitcoin falls below $77,000; chip rebound lifts Nasdaq; AMD guidance highlights AI demand

Bitcoin fell below $77,000, trading at $76,844 (down 0.45% in 24 hours), while ETH held roughly flat at $2,261 as the total crypto market cap dropped 2.36% to about $2.61 trillion. The move leaves BTC above Strategy's average holding cost of $75,451 on 849,327 tokens but below Glassnode's estimated $81,500 cost basis for U.S. spot Bitcoin ETFs. The pullback came as U.S. JOLTS data showed job openings steady near 7.5 million, with ADP employment and ISM services figures due next and expected to shape rate expectations. Crypto-linked equities diverged from spot prices, with Coinbase up 5.53%, Strategy up 3.72% and Robinhood up 2.19%, while chip stocks rallied (AMD +3.65%, Micron +2.58%, Nvidia +2.29%) ahead of AMD's post-close results, which showed data-center revenue up 97% year over year to about $8.5 billion and Q4 guidance near $17 billion. Watch whether BTC reclaims $77,000 and whether the equity rebound is confirmed by improved spot crypto demand.