Bitcoin Climbs as Chip Stocks Sink on AI Slowdown Calls — SkimNews
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- Anthropic CEO Dario Amodei published an essay titled "We Must Pace the Frontier," urging AI labs to deliberately slow capability gains and citing recursive self-improvement and an OpenAI-Hugging Face agent-swarm incident as warning signs.
- Sam Altman and Elon Musk publicly agreed with Amodei's slowdown call within a day, marking unusual alignment among the CEOs of three frontier AI labs.
- Nvidia fell as much as 3%, Intel dropped more than 5%, AMD sank about 6%, and Marvell Technology lost up to 7.5%, dragging the Philadelphia Semiconductor Index down almost 6% in a single Monday selloff.
- Bitcoin climbed to $78,280, up nearly 2% since midnight UTC, with Ethereum adding 2.1% and XRP gaining 3.3% — extending a pattern of crypto strength that has held since early September.
- The Clarity Act saw Polymarket odds of passing in 2026 jump to 31% after President Trump agreed to updated ethics provisions that had stalled the bill since July, giving crypto sentiment an extra push.
- The Senate holds a cloture vote Tuesday on the Clarity Act, needing close to nine Democrats to reach the 60-vote threshold with at least two Republicans expected to vote no.
Why it matters: A synchronized AI-slowdown call from Amodei, Altman, and Musk erased nearly 6% from the Philadelphia Semiconductor Index in one Monday session. Bitcoin's climb to $78,280 alongside that drop shows crypto sentiment decoupling from AI-linked tech trades, with Tuesday's Clarity Act cloture vote standing as the next swing factor.
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