TREE NEWS reports: Bitcoin briefly fell below $80,000 for the first time in nearly a month, pressured by a selloff in US AI stocks that weighed on risk assets broadly. Derive.xyz founder Nick Forster said market-implied odds of bitcoin reaching $100,000 by Christmas fell 2.8 percentage points in 24 hours to 9.7%, as crypto sentiment turned defensive.
Bitcoin Slips Below $80K as Odds of Hitting $100K by Christmas Drop to 9.7%
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AI take
The notable shift here is not the dip below $80,000 itself but the speed at which options-implied odds of a $100,000 Christmas repriced lower — a sign that traders are treating the AI-equity selloff as a crypto risk factor rather than a separate story. That coupling matters for anyone holding bitcoin as a diversifier: it suggests correlation to tech beta is doing more work than the halving narrative right now. Whether that implied probability keeps sliding, or stabilizes once AI stocks find a floor, is the open question.
Generated by AI for reference only.
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