Bitcoin held above $77,000 on Monday even as a selloff in AI-related stocks pointed Wall Street toward a weaker open and oil prices jumped on separate supply concerns. The token remains capped by the same $78,300-$79,000 resistance that has rejected rallies for weeks, while corporate buyer Strive added 469 Bitcoin to its treasury.
Bitcoin traded at $77,678 at 7:42 a.m. Eastern on Sept. 14. It held its ground even as Nasdaq 100 E-mini futures dropped 1.72% ahead of the cash open. S&P 500 futures fell a smaller 0.70%, and Dow futures slipped just 0.18%. That leaves the question of whether the selloff stays contained to Nasdaq hardware names or spreads wider.
Chip stocks fall, software gains
Premarket losses were uneven. Nvidia fell more than 2%, while Intel and Marvell dropped nearly 6% and AMD nearly 5%. Software moved the other way, as ServiceNow gained 3% and Adobe and Workday each rose 2.5%, a split that points to a reassessment inside the AI trade rather than uniform selling.
Monday's selling followed Anthropic CEO Dario Amodei's weekend call to pace frontier AI development, a call Reuters reported that Elon Musk and Sam Altman also endorsed. President Donald Trump, however, downplayed calls to slow AI and stressed keeping the US lead over China, leaving the commercial fallout for AI-linked companies unresolved. Oil added separate pressure, with Brent crude up 3.6% to $108.31 and WTI up 3.3% to $103.35.
Bitcoin stuck below its ceiling
Bitcoin's own chart tells a similarly split story. The price bounced from $76,370 to $78,329 before settling near $77,800, a sharp reversal that nonetheless leaves it beneath the $78,300-$79,000 zone that has repeatedly turned back buyers. The token has spent weeks chopping inside a broader $76,000-$82,000 range.
Momentum readings stay split too: moving averages count 11 positive against three negative, while oscillators show nine neutral readings against one positive and one negative. A close through $79,000 would open the door toward $80,000; a loss of $76,000 could expose the lower $74,000s.
Strive pushes treasury past 25,000 BTC
Strive, the NASDAQ-listed asset manager co-founded by Vivek Ramaswamy, bought 469 Bitcoin between Sept. 8 and Sept. 11, bringing its total holdings to 25,000 BTC. The purchase cost roughly $36.6 million at an average price of $77,954 per coin, funded entirely through the company's preferred stock rather than common shares.
One week earlier, Strive held 24,531 BTC. The holdings trace back to a January 2026 merger with Semler Scientific that added 5,048 BTC in a single transaction.
Sources: CryptoSlate, Bitcoin.com, Crypto Briefing
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