Bitcoin holds below $82,000 as AI credit fears hit stocks, Cointelegraph reports

Key points

• Bitcoin fell 3.2% on Thursday and touched $80,840 on Bitstamp before ranging below $82,000.
• US spot Bitcoin ETFs saw $635m of net outflows on Thursday, the largest single day since late June.
• Cross-crypto liquidations reached $336m in 24 hours to noon UTC, including $281m of longs, per CoinGlass.

Bitcoin consolidated below $82,000 on Friday after losing more than 3% the previous day, Cointelegraph reports, as stock markets weakened again over AI financing concerns. The largest cryptocurrency briefly slipped under $81,000, touching $80,840 on Bitstamp, and was trading inside a range of roughly $80,000 to $87,000.

The pressure came from equities. CoreWeave, a neocloud infrastructure provider, fell to its lowest level since May 2025, down 15.5% for the week at the close of Thursday's US trading, after Bernstein cut its price target from $74 to $51. QCP Capital said credit stress spreading across the neocloud sector had triggered wider equity weakness as institutions weigh capital spending and profitability at AI-dependent technology firms.

AI credit stress spreads

Speaking to CNBC on Thursday, Nvidia chief executive Jensen Huang described a scarcity of capital for neocloud buildouts, saying demand for capital far exceeded its availability. In Asia, South Korea's KOSPI opened at 5,402 points and fell as low as 5,305, its lowest since late July, before closing 0.3% higher.

Crypto flows reflected the move. US spot Bitcoin ETFs recorded $635m of net outflows on Thursday, the biggest single-day drawdown since late June, while CoinGlass data showed $336m of cross-crypto liquidations in 24 hours to noon UTC, including $281m of long positions.

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