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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.

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

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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.

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