Bitcoin slides below $82,000 as AI doubts return, with DeFi tokens leading declines
BTC when published $81,854Now $80,617 ▼ −1.51% since it was published
Bitcoin BTC $84,459.46 slid by the most in two weeks, losing as much as 2.9% since midnight UTC to below $82,000 after mixed earnings reports from Tesla TSLA and Meta Platforms META revived doubts over AI spending and sent equities lower in Asia. Chinese stocks entered a bear market, Hong Kong’s Hang Seng index fell more 3%, South Korea’s Kospi lost 3.5% and Japan’s Nikkei 225 slipped 2.7%. Nasdaq 100 index futures dropped 1.32% and S&P 500 futures 0.66%. Altcoins fell even harder than bitcoin, with the CoinDesk 80 (CD80) recently down 3.2% compared with 2.5% for the CoinDesk 5 (CD5). Ether ETH $2,490.55 lost 2.6% to near $2,400. DeFi bore the brunt, with the sector index (DFX) sliding 5.6%.
First reported by CoinDesk. This page is a short excerpt; the full text is theirs.
