The Nasdaq Composite fell 4.18% and the S&P 500 dropped 2.64% as AI skepticism grows. Bitcoin showed resilience with only a 1.6% decline amid the selloff.

The Nasdaq Composite fell 4.18% while South Korea's KOSPI plunged nearly 10% as disappointing AI guidance from Broadcom sparked fears of an AI bubble burst.

Nasdaq dropped 2.21% on June 23 as semiconductor stocks plunged and Fed rate hike odds hit 85%. Bitcoin and Ether fell with tech in a correlated selloff.