Bitcoin Falls Along With U.S. Stock Futures — Market Talk
Bitcoin edges lower as U.S. stock futures fall on rising oil prices and AI concerns. The increase in oil prices follows an escalation in Iran-backed Houthi attacks on Saudi Arabia and as data showed U.S. crude inventories fell more than expected in the week ended October 16. Meanwhile, Tesla shares fell in after-hours trade after it cut its 2026 capital expenditure target, raising fresh concerns about AI investments. Bitcoin falls 2.6% to $82,442, LSEG data show. Falls are limited, however, as the dollar and Treasury yields decline. ([email protected])