Live updates: Bitcoin back under $81,000 as AI selloff worsens
60-second summary
Bitcoin falls below $81,000 as AI‑related stocks plunge after September inflation exceeds forecasts, intensifying the sector sell‑off. The higher‑than‑expected CPI fuels risk‑off sentiment, pulling crypto lower toward last week’s trough. Traders watch the dip for buying opportunities, while the broader market anticipates continued volatility and potential price rebounds in 2024.
September inflation came in above forecasts and the selloff in AI stocks picked up speed, dragging bitcoin back toward last week’s low.