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 الخليج
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2026-10-16T06:32:00.000Z

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Dollar drops after 5-week rise, Bitcoin recovers to $82K

Dollar drops after 5-week rise, Bitcoin recovers to $82K

Currency and stock market forecasts indicate that the dollar is heading for its first decline in five weeks, amid falling U.S. bond yields and volatility in the artificial intelligence sector. This has led to the euro's rise and Bitcoin regaining the $82,000 level. Shares related to artificial intelligence declined, and tensions in the credit market increased, prompting investors to favor U.S. Treasury bonds, with yields dropping to their lowest levels in over a year. Meanwhile, investors are worried about accumulated debt and rising costs in Europe. The likelihood of the U.S. interest rate remaining unchanged this month is 72%, following Federal Reserve officials' statements that influenced expectations. Bitcoin increased by 1.8% to $82,000, with other cryptocurrencies such as Ethereum and Solana also posting gains.

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