Bitcoin slides to $86,000 as slower rate cut risk, AI stock woes shake markets

Crypto-related stocks suffered far deeper declines as bitcoin slumped well below its recent trading range. What to know : Bitcoin and major altcoins fell further throughout U.S. trading hours as macro uncertainty continued to pressure risk assets. Many crypto-related stocks, including leaders Coinbase and Strategy, posted deeper slumps than crypto itself. Wintermute's Jasper De Maere suggested the decline is and should remain orderly.