{
  "id": 16183935,
  "title": "Live updates: Bitcoin holds above $81,000 as markets calm, oil continues to gain",
  "url": "https://urgent.news/2026/10/23/live-updates-bitcoin-holds-above-81-000-as-markets-calm-oil-continues",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-23T11:13:01.000Z",
  "source": {
    "name": "CoinDesk",
    "slug": "coindesk",
    "url": "https://www.coindesk.com/markets/2026/10/23/live-updates-bitcoin-holds-above-usd81-000-as-the-ai-rout-fades-and-oil-climbs"
  },
  "original_language": "en",
  "account": "Bitcoin held above $81,000 on Friday as markets showed signs of calming down after a recent slump. Oil prices continued their upward trend, with Brent crude oil reaching new heights above $116 per barrel. U.S. stocks experienced some volatility, with the Nasdaq down slightly and the S&P 500 declining by 0.6%.\n\nConsumer sentiment and expectations remained mixed. The University of Michigan Index of Consumer Sentiment dipped to 48.0 in October, showing a slight improvement from the previous month. Meanwhile, the Index of Consumer Expectations rose to 48.8, up from 46.3. Inflation expectations were also on the rise, with one-year expectations at 4.7% and longer-run expectations at 3.5%.\n\nThe AI sector faced challenges, with Bloom Energy's shares dropping 10% despite beating revenue and earnings expectations. Bitcoin, which had gained about 39% since July 1, dipped back to around $81,000, trading near $81,500. It continues to struggle below the average cost basis of U.S. spot bitcoin ETFs, currently trading just above $81,000.\n\nETF outflows remained significant, with the U.S.-listed spot bitcoin ETF experiencing $635 million in outflows on Friday, the largest single-day outflow since June. Historically, large outflows have often led to declines in Bitcoin's price in the subsequent days and weeks. Bitcoin dipped 0.4% over the past 24 hours and found itself boxed in a narrow range, trading near $81,500.",
  "summary": "South Korea's Kospi was flat overnight, suggesting some steadying in the AI trade. Nasdaq 100 futures are steady as well, but oil continues its climb.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}