Bitcoin fell as much as 2.9% to approximately $81,600 as renewed doubts over artificial intelligence valuations weighed on risk assets and dragged Nasdaq futures lower. The broader crypto market followed suit, with the CoinDesk 80 Index declining 3.5%.
DeFi tokens led the downside, with the DeFi index sliding 6%, outpacing losses across other crypto sectors. The pullback marked a sharp reversal in momentum for digital assets amid mounting caution toward technology-linked equities.
Bitcoin Drops Below $82,000 as AI Worries Resurface; DeFi Tokens Lead Crypto Declines
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
