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Bitcoin gives back its run at $85,000 as Tesla and Meta fail to calm AI nerves

Bitcoin gives back its run at $85,000 as Tesla and Meta fail to calm AI nerves
Photo: Gage Skidmore / CC BY-SA 3.0 / Wikimedia Commons
AI summary

Bitcoin briefly broke above its $84,000 ceiling late Wednesday before sliding back to the $82,500 support level analysts are watching. The retreat came as tech futures fell, with earnings from Tesla and Meta failing to reassure investors about AI-related sentiment. Traders are focused on whether $82,500 holds as a floor, since a break lower could open the door to further downside.

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