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Bitcoin gives back its run at $85,000 as Tesla and Meta fail to calm AI nerves

Bitcoin gives back its run at $85,000 as Tesla and Meta fail to calm AI nerves
Photo: CoinDesk

BTC when published $82,852Now $80,577 ▼ −2.75% since it was published

Bitcoin was flat at just under $82,800 as of Thursday Asian morning hours after giving back a late-Wednesday surge to nearly $85,000. Mixed results from Tesla and Meta knocked Nasdaq futures lower and revived doubts about the AI trade. ZEC was the only standout gainer among the majors, up nearly 3% to about $1,290, and XRP added less than 1%. HYPE was the laggard, down 3% to about $79. DOGE fell 2% and SOL lost about 1%, while ether, BNB and TRX slipped less than 1%, according to CoinDesk data. The breakout didn’t last long. Bitcoin cleared $84,000, the ceiling that turned it back on Oct. 13 and 14, and topped out near $84,800 late Wednesday.

First reported by CoinDesk. This page is a short excerpt; the full text is theirs.

Read the full story at CoinDesk (opens in a new tab)

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