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Bitcoin drops to $80,000 on Fed dissent, Samsung, Alphabet earnings; AI tokens slump

CoinDesk
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Bitcoin drops to $80,000 on Fed dissent, Samsung, Alphabet earnings; AI tokens slump

Bitcoin fell 1.4% since midnight UTC to around $80,100 as disappointing reports from Samsung and Alphabet weighed on tech stocks. The Fed’s preferred inflation gauge is due later today.

Key Takeaways

  1. Bitcoin fell 1.4% since midnight UTC to around $80,100 as disappointing reports from Samsung and Alphabet weighed on tech stocks.
  2. The Fed’s preferred inflation gauge is due later today.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.