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Live news: Bitcoin dips below $80,000 as stocks rally following Anthropic IPO filing

Live news: Bitcoin dips below $80,000 as stocks rally following Anthropic IPO filing
Photo: CoinDesk

BTC when published $80,240Now $80,577 ▲ +0.42% since it was published

Brent crude is down more than 6% from Friday’s high, trading just below $110 a barrel as hopes of a deal between the US and Iran ease fears of further escalation. The Financial Times reports that Iran is hosting officials from Saudi Arabia, Pakistan and Turkey, following a visit by Qatari officials. Brazil’s stock market fell 20% after President Luiz Inácio Lula da Silva unexpectedly secured a fourth term in office. The iShares MSCI Brazil ETF is down 26% in pre-market trading. Bitcoin is holding just above $80,000, while gold trades slightly above $4,000 an ounce. The Invesco QQQ Trust is flat in pre-market trading despite persistent concerns about the AI trade.

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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