Live updates: Bitcoin holds near $82,000 as Nasdaq rebounds more than 1%
BTC when published $82,331Now $80,617 ▼ −2.08% since it was published
Bitcoin climbed from an overnight low near $80,700 to just above $83,000 early Monday, then slipped back to about $82,400 within half an hour. Sellers were waiting for the move. It was a quick turn. Bitcoin is up 0.3% over 24 hours, and $83,000 is still about $1,000 short of the ceiling that turned it back twice last week, near $84,000 on Oct. 13 and again on Oct. 14. The bounce tracked a rebound in tech. Nasdaq 100 futures climbed 1.1%, snapping a weeklong 5.5% selloff, and S&P 500 futures rose 0.5%. An ETF tracking chipmakers jumped 3% before the U.S. open, on course for its first gain in 10 sessions. This week’s earnings will put the AI trade under the spotlight again. Europe was weaker.
First reported by CoinDesk. This page is a short excerpt; the full text is theirs.
