Update
Bitcoin Recovers Near $82,000 After Weekly Dip
Bitcoin experienced a bumpy week, reaching $83,800 on October 13 before sliding to a weekly low near $80,100. The dip was attributed to a hotter-than-forecast inflation reading and a sharp pullback in AI-linked stocks. Traders reacted by buying Bitcoin, pushing the price back up to about $82,000 by the weekend. Bitcoin's share of the overall market remained between 59.7% and 60.4%, and the total crypto market capitalization fell by 2.1% on the week. The fear and greed index cooled from 56 to a neutral 49. Ethereum and Solana also saw price movements, with Ether dropping 3.4% and Solana losing 3.5% ahead of its Alpenglow upgrade.