Bitcoin gives back its run at $85,000 as Tesla and Meta fail to calm AI nerves
Summary
Bitcoin traded near $82,800 in Asian hours after retreating from a Wednesday peak around $84,800, giving back a brief break above $84,000. It fell more than $2,000 in about six hours and remained near $82,500, a level market watchers say could precede a slide toward $70,000 if it fails. Most major cryptocurrencies edged lower; ZEC rose nearly 3%, while HYPE fell 3%. Weak Big Tech results and outlooks weighed on U.S. equity futures, while Asian stock markets also declined.
