Bitcoin fell back below $82,000 after reaching approximately $84,840 on Bitstamp, surrendering its gains for the day. Tesla reported quarterly revenue of $28.05 billion, slightly below the $28.13 billion estimate, and capital expenditure of $4.73 billion, well below the projected $7.96 billion. The lower spending fueled concerns about the artificial intelligence sector before Musk said investment would rise through 2028. Meanwhile, South Korea’s tech-heavy KOSPI index dropped 3.52%, while crypto trading platform open interest reached $55.95 billion, increasing the risk of cascading liquidations.
Source: Read the original article


