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Bitcoin Slumps Below $82,000 Amid AI Selloff and Oil Surge
Bitcoin experienced a significant drop, closing below $82,000, as markets reacted negatively to news of an AI selloff and a surge in oil prices. The cryptocurrency saw a $3,000 drop in under a day, with liquidations totaling $431 million over 24 hours, affecting both short sellers and bullish bets. Bitcoin's decline also impacted other cryptocurrencies like HYPE, DOGE, and SOL, with Ether and Monero (XMR) showing different trends.