Bitcoin Falls Below $83,000 Amid AI Jitters

On Oct 22, Bitcoin retreated below US$83,000 as investors weighed mixed technology earnings and escalating Middle East tensions. The cryptocurrency fell as much as 2.4% in early Asia trading, standing around US$82,700. US-listed spot bitcoin ETFs recorded US$1.1 billion in net inflows this week, recovering from US$909.6 million in outflows from the previous two weeks.