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CoinDesk·2 min read·medium

Live updates: Bitcoin holds above $81,000 as the AI rout fades and oil climbs

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Shaurya Malwa
Live updates: Bitcoin holds above $81,000 as the AI rout fades and oil climbs
✦AI Summary

Bitcoin remains stable above $81,000 as market volatility from an AI-sector rout subsides. Meanwhile, rising oil prices are creating inflationary concerns ahead of the upcoming Federal Reserve meeting.

Why it matters

The intersection of cryptocurrency stability, stock market fluctuations, and energy-driven inflation provides a snapshot of current global economic uncertainty.

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It’s down 0.4% over 24 hours and still sits below $82,500, the support it lost on Thursday.

Altcoins were mixed. BNB was the standout, up nearly 2% to about $745, and DOGE added about 1%. XMR gave back part of Thursday’s jump, falling 7% to about $607, and ZEC lost nearly 4% to about $1,200. HYPE, XRP, ether and SOL slipped about 1% or less, with ether just under $2,400, according to CoinDesk data.

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