All Time Low
Bitcoin Near $81K as Analysts See Potential Market Bottom
Bitcoin slipped below $81,000 on October 16 amid heightened market volatility. Analysts remain cautiously optimistic, suggesting a potential local bottom. Bitcoin lost the $82,000 threshold on Friday, following a downtrend that saw the cryptocurrency dip below $80,000 for the first time in weeks. The decline was influenced by rising oil prices and a sell-off in tech stocks, particularly those tied to artificial intelligence hardware and infrastructure.