Bitcoin trades around $82,164 near a key technical support at $81,603 after touching $83,040 intra-day. Brent crude near $108 per barrel, September inflation at 3.7%, and 10-year U.S. Treasury yields above 5% are fueling concerns about additional Federal Reserve interest rate hikes. Spot Bitcoin ETFs have lost approximately $910 million over two weeks. AI-linked technology stocks suffered substantial declines, with CoreWeave dropping 24% over the week, dragging Bitcoin lower due to its correlation with risk assets. Technical indicators, including a Relative Strength Index at 49.3 and an Average Directional Index at 21.6, show no clear short-term trend.
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