Bitcoin Falls Below $80K Amid Global Markets and AI Losses
Original title: Bitcoin BREAKS $80K, Oil Hits $118 & Crypto in CRISIS
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Summary
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Key points
- Bitcoin briefly fell below $80,000 over the weekend and triggered hundreds of millions in liquidations.
- Oil prices briefly topped $118 amid escalating tensions in the Middle East.
- Indonesian and South Korean stocks suffered heavy losses while French bond yields hit 24-year highs.
- Anthropic reported an $80 billion net loss largely driven by accounting charges.
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