Bitcoin consolidates after 3% loss as AI fears stoke fresh stock-market weakness

Bitcoin price volatility cooled as stock markets battled another day of resurgent AI fears during Friday’s Asia trading session. Bitcoin (BTC) ranged below $82,000 into Friday’s Wall Street open as stock markets slid further on AI financing concerns. Data from TradingView showed BTC/USD stabilizing after shedding 3.2% on Thursday, falling as low as $80,840 on Bitstamp. Market nerves over AI-sector profitability and the cost of insuring large players against default reemerged this week.