U.S. Stock Market Sentiment

Bitcoin extended its slump, briefly dipping below $82,000 before rebounding to about $83,500, wiping roughly $800 billion off its value since the Oct. 6 peak — including nearly $400 billion lost in the past week — and putting it on track for its worst month since 2022. Analysts say the rout reflects broader risk‑off sentiment from AI/tech bubble worries and softer labor signals (which have increased bets the Fed will hold rates), with high leverage in perpetual futures (up to 10x) and resulting margin calls amplifying selling, though some note 20–30%+ corrections are common in bull markets and can be buying opportunities.