Bitcoin recovers to $102,000 as crypto mining stocks extend losses: CNBC Crypto World

On today’s episode of CNBC Crypto World, Bitcoin has managed to recover to a price of $102,000 following a decline that occurred on Monday due to a sell-off in technology stocks, which in turn had a negative impact on the broader cryptocurrency market, pushing prices lower; at the same time, crypto mining stocks continued their downward trend adding to the losses they had already experienced earlier in the week. Meanwhile, in the political sphere, the United States Senate has officially voted to confirm President Trump’s nominee for Treasury Secretary, Scott Bessent, a decision that has been widely praised members of the cryptocurrency industry, who view him as a strong proponent of digital assets and blockchain technology. Additionally, the episode features an insightful discussion with Shaw Walters from Eliza Labs, who provides an in-depth analysis of how businesses and developers are actively working to integrate artificial intelligence with blockchain technology in order to create innovative and efficient solutions for various industries.