Bitcoin slightly rebounded after hitting a 15-month low.

Due to the impact of software and data company stocks being sold off, Bitcoin touched a 15-month low on Tuesday evening, only to rebound slightly afterwards. These stocks suffered as investors feared that new developments in artificial intelligence would replace software. Jefferies economist Mohit Kumar stated in a report, "Yesterday's concerns stemmed from Anthropic's AI tools, which will impact the revenue streams of software companies operating in the legal sector." On the other hand, tensions in the Middle East continue after the US shot down an Iranian drone, but US officials stated that negotiations are expected to continue this week and diplomatic options are still on the table. Data from the London Stock Exchange Group shows that Bitcoin rose by 0.5%, reaching $76,526, after hitting a low of $72,902 on Tuesday.