BLOOMBERG · 2026-10-26 05:43 UTC

Bitcoin Dips Below $80,000 as AI-Related Market Selloff Deepens

Bitcoin fell below $80,000, declining as much as 1.4% to $79,300 amid risk-off sentiment ahead of a Federal Reserve meeting and concerns over AI spending. US spot Bitcoin ETFs saw $772.4 million in outflows on Thursday and Friday, reversing earlier inflows of over $1 billion. Broader market selloff extended across tech and crypto assets as investors questioned AI valuations and awaited earnings reports from tech giants.

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