OpenAI reportedly cuts fundraising and valuation targets amid AI jitters

Crypto Insight Summary: Anxiety about the AI boom has sent the Nasdaq 100 slumping by about 10% in just three weeks since hitting a record high on October 6, including a 4.5% drop on Friday. Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Nasdaq selloff signals broad risk-off sentiment that may weigh on crypto majors over the near term.