Bitcoin hovers near $80,000 as AI stock jitters spill into crypto
Bullish strength: 25/100
- Bitcoin recovered toward $80,000-$80,300 after reaching an intraday low around $79,300.
- Bitcoin showed some resilience to concerns specifically related to AI debt.
Bearish strength: 75/100
- US spot Bitcoin ETFs saw $772.4 million in net outflows across October 23-24.
- One day recorded an estimated $635-$636 million in withdrawals, the largest single-day exit from these products since June 2026.
- Bitcoin and Ether leveraged liquidations exceeded $400 million.
- Growing risk aversion in AI stocks and broader markets is weighing on Bitcoin.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.