Bitcoin Price Drops to $86K Amid Fed Rate Cut Delays and AI Stock Market Sell-Off

The price of Bitcoin (BTC) has declined to the $86,000 level, facing significant selling pressure. This downturn coincides with growing investor concerns over a potential slowdown in the Federal Reserve's interest rate cut cycle. Concurrently, a sharp correction in major artificial intelligence (AI) related stocks has triggered a broader risk-off sentiment across financial markets. The combination of these factors is leading to increased volatility, with traders closely monitoring key support levels for Bitcoin. Market analysts suggest that the crypto asset's short-term trajectory remains heavily tied to traditional market movements and macroeconomic indicators.