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Bitcoin risks worst October in 12 years as tech sell-off spreads to gold

Bitcoin circled $77,000 as crypto markets navigated US stock-market downside, while the gold price fell to its lowest in a year.

Cointelegraph•

Bitcoin circled $77,000 as crypto markets navigated US stock-market downside, while the gold price fell to its lowest in a year.

Bitcoin (BTC) stayed under pressure below $80,000 at Friday’s Wall Street open as AI fears returned to intensify a broader risk-asset rout.

Data from TradingView showed BTC/USD down 1.1% on the day after dropping to its lowest levels since Sept. 18.

The tech-heavy Nasdaq Composite Index was 2.5% lower at the time of writing at around 25,500, a level last seen on Aug. 3.