Bitcoin falls 1.7% during trading, dipping below $77,000
Original headline비트코인 장중 1.7% 내려 7만7000달러 밑돌아
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Bitcoin fell about 1.7% during the session on the 2nd (local time) after the New York market open, dropping below $77,000 (roughly ₩102.96 million), after briefly touching $78,750 (roughly ₩105.3 million) following the weekly close before being pushed back, according to Cointelegraph. The decline came alongside a sharp selloff in crude oil, with WTI futures falling more than 7% intraday to $95.15 per barrel (roughly ₩127,235) before trading at $96.50 (roughly ₩129,040) at the time of writing, while Brent crude dropped roughly 9% to $103.30 per barrel (roughly ₩138,133), with AP reporting Brent down 7.9% at $104.48 (roughly ₩139,711) as of 4:07 a.m. on the 3rd (Korea time). The simultaneous weakness in Bitcoin and oil suggests broad risk-off pressure across markets rather than a crypto-specific move, making the correlation between digital assets and energy commodities a key signal for traders. Watch whether Bitcoin holds the $77,000 level and whether crude stabilizes, as further downside in oil could extend pressure on risk assets including crypto.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
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