Asian market selloff deepens as oil rises. Bitcoin (BTC) price slips to $82,000
Summary
Asian markets fell sharply, with China’s CSI 300 entering bear-market territory after dropping 20% from its June peak. Technology shares led losses, while oil prices rose above $100 for WTI and $112 for Brent. Bitcoin retreated from above $84,000 toward $82,000 amid broader risk aversion. U.S. earnings and uncertainty over AI spending added pressure, despite easing Treasury yields.
