Bitcoin slides below $82,000 as AI doubts return, with DeFi tokens leading declines
Bitcoin as much as 2.9% to around $81,600 as Nasdaq futures dropped, while the CoinDesk 80 lost 3.5% and DeFi index slid 6%.
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Summary
- Bitcoin fell to around $81,800, down 2.7% since midnight UTC, extending its decline below $82,500 after a late-Wednesday surge to nearly $84,800 reversed.
- Mixed results from Tesla and Meta revived doubts over AI spending, weighing on equities and sending Nasdaq 100 futures down 1.32% and the Hang Seng index more than 2% lower.
- The CoinDesk DeFi index slumped 5.6% while the CoinDesk 5 fell 2.5%.
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Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters:
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
