Bitcoin Below $82,000 as Stock Market Pressure Weighs on Crypto

Bitcoin clawed back some ground but remained below $82,000 on Friday as pressure from broader stock markets weighed on crypto. The flagship cryptocurrency rose 0.8% to $81,828 after dipping to $81,074 on Thursday. Bitcoin also fell in tandem with technology and AI stocks, after the Nasdaq ended the day down 2.6% and marked its largest one-day decline since June. The selloff followed this week’s concern that the AI trade is losing momentum, prompting investors to rotate out of riskier assets. Still, spot Bitcoin ETF flows suggested improving institutional demand, with net inflows of $1.07 billion over three straight days, including more than $500 million on Wednesday. Ether rose 0.8% after Thursday’s sharp drop.