Bitcoin steadies above $81,000 as AI sell-off eases and oil rises
Bitcoin calmed down after a week of sharp price swings and held above $81,000. Tech futures steadied as the AI-driven sell-off faded, while Brent oil reached its highest level since early May. Traders will be watching the Federal Reserve, which meets next week.
Why it matters
- Bitcoin has gone quieter after a week of large price swings, which may ease short-term trading pressure.
- Steadier tech futures suggest the AI-related sell-off is losing momentum, which can affect risk appetite across markets.
- Brent oil at its highest since early May may add to inflation concerns that influence central bank decisions.
What to watch next
Watch the Federal Reserve's decision next week, since its rate guidance could drive bitcoin and broader market moves.
