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Bitcoin rebounds above $81K as investors seek safe haven amid AI stock sell-off and rate hike uncertainty

29 Oct 2026, 20:17 WIB
Crypto Briefing
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Bullish
Bitcoin rebounds above $81K as investors seek safe haven amid AI stock sell-off and rate hike uncertainty

Bitcoin recovered above $81,000 despite a sharp drop in US tech stocks linked to AI spending concerns and falling Treasury yields. The Nasdaq fell 1.5%, with major tech stocks like Alphabet and ServiceNow plunging, while Treasury yields dipped below key levels, reducing the odds of a December rate hike. Amid this volatility, some investors moved capital from equities into Bitcoin, as shown by $424 million inflows into US-listed Bitcoin ETFs over three days. This suggests growing interest in Bitcoin as a potential safe-haven asset during market stress.

Bitcoin market activity provides context for this story. For readers following cryptocurrencies, here is Pluang's market snapshot as of Oct 29, 2026 23:21 WIB: 41 of 50 major cryptocurrencies rose today. Notable movers include AAVE at Rp2.489.346 (+3.37%, 54% Sell / 46% Buy), XTZ at Rp5.177 (+3.21%, 30% Sell / 70% Buy), and FIL at Rp16.586 (+3.17%, 50% Sell / 50% Buy).

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