Bitcoin holds $83,000 as dollar strength keeps markets on edge

Image for article Bitcoin holds $83,000 as dollar strength keeps markets on edge
News Source : CoinDesk

News Summary

  • Nasdaq closes 0.7% lower as crypto stocks, BTC end Monday in the red.
  • crypto-related stocks also nursed losses, with Securitize extending its decline to 14%.
  • Miners, whose fortunes are now tied as much to the AI infrastructure and data center buildout as to bitcoin mining, were broadly lower.
  • Oil prices eased a bit in the later afternoon hours to near $93 a barrel, but still firmly higher during the day as supply concerns still linger.
Markets are making a cautious start to the week, with bitcoin trading just above $83,000 and gold around $4,180 an ounce, both down roughly 0.5%.

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