WS #16306
Bitcoin has corrected below $82,000, reversing a recent run toward $85,000 as AI doubts return and the oil price spike weighs on risk appetite. Tesla's lower-than-expected capital expenditure in Q3 further dampened enthusiasm for AI infrastructure spending, contributing to the decline in DeFi tokens and broader crypto markets. This move signals a temporary retreat in speculative assets as macro risks intensify.
Crypto & Risk Asset Sell-off
Bitcoin has corrected below $82,000, reversing a recent run toward $85,000 as AI doubts return and the oil price spike weighs on risk appetite. Tesla's lower-than-expected capital expenditure in Q3 further dampened enthusiasm for AI infrastructure spending, contributing to the decline in DeFi tokens and broader crypto markets. This move signals a temporary retreat in speculative assets as macro risks intensify.