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Bitcoin Slips Below $81,000 as AI Stock Selloff Deepens

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Bitcoin has fallen back under $81,000, returning toward its low from last week. The decline coincided with September inflation data that came in higher than forecasts. Investor selling in artificial intelligence stocks also accelerated, weighing on risk assets broadly. The combination of hotter-than-expected inflation and the AI sell-off pushed the cryptocurrency lower. The report is presented as a live update, so the situation was still developing at the time of publication.

Read the full story at CoinDesk

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