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Cryptocurrency 14 July 2025

Bitcoin Breaks $120K, Hackers Lurk, and Quantum Leaps – Tech News Roundup (July 13–14, 2025)

Bitcoin Breaks $120K, Hackers Lurk, and Quantum Leaps – Tech News Roundup (July 13–14, 2025)

Bitcoin broke $120,000 for the first time on July 14, 2025, peaking at $122,571 before settling near $121,953. Fortinet disclosed a critical FortiWeb remote code execution flaw with a patch on July 13. Seagate launched a 36TB Exos hard drive for preorder at $800. Coinbase listed the Trump-branded $TRUMP meme coin within 24 hours of its launch.
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Stock Market Today

  • AI Chip ETFs Suffer Sharp Losses as Leveraged Funds Decline
    June 9, 2026, 2:52 PM EDT. Chip stocks declined sharply on June 9, 2026, with leveraged semiconductor ETFs like Direxion Daily Semiconductor Bull 3X (SOXL) dropping 15.4%. SOXL aims to triple the daily returns of its benchmark, but this leverage amplifies losses during market reversals. Major chip companies AMD, Broadcom, and Nvidia saw share price drops, despite Broadcom reporting a 143% increase in AI chip revenue. The selloff reflects investor caution amid concerns over rising inflation, potential Federal Reserve interest rate hikes, and anticipation of the SpaceX IPO. While the S&P 500 saw more gainers than losers overall, AI-related stocks pressured the index. Market watchers await upcoming inflation data and SpaceX's public listing for direction.

Latest articles

Vanguard’s $1 Trillion VOO ETF Draws Investor Questions About the Road Ahead

Vanguard’s $1 Trillion VOO ETF Draws Investor Questions About the Road Ahead

9 June 2026
Vanguard’s S&P 500 ETF (VOO) became the first ETF to surpass $1 trillion in assets, drawing renewed scrutiny to low fees, index concentration, and valuation risks as tech stocks slid and VOO fell about 1% Tuesday, highlighting investor debate over sticking with S&P 500 trackers or shifting to broader funds like VTI.
AI chip ETF bulls hit with more losses as leveraged funds slide

AI chip ETF bulls hit with more losses as leveraged funds slide

9 June 2026
SOXL plunged 15.4% as leveraged semiconductor funds led tech’s sharp selloff, testing the narrow AI trade behind this year’s market gains; major chip stocks like AMD and Broadcom also tumbled, with investors eyeing Wednesday’s CPI data and the upcoming SpaceX listing as key risks for further volatility.
Bitcoin Hovers at $61,000 With CPI Report in Focus for Crypto Traders

Bitcoin Hovers at $61,000 With CPI Report in Focus for Crypto Traders

9 June 2026
Bitcoin slid to near $61,000, down 3%, as traders cut risk ahead of Wednesday’s U.S. inflation report, which is expected to show May CPI up 4.2% year-on-year—well above the Fed’s 2% target—keeping rate-hike risk in play and pressuring crypto and related stocks, with $5.8 billion in digital asset outflows reported in recent weeks.
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