Live updates: Bitcoin holds below $80,000 as AI buildout draws investor attention and capital

Two hours prior to the open of the U.S. stock market, bitcoin (BTC) has slid back to $79,750, down 0.6% over the past 24 hours. Ether (EHT) and solana (SOL) are down similarly, but XRP (XRP) is higher by 1% after Ripple won a final go-ahead to launch its own U.S. national trust bank. Bitcoin is now down 2.5% over the past week even as interest rates and Fed rate hike expectations have pulled back, and the price of oil has reversed some larger gains from earlier this month.