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Crypto

Bunker mode debate grows over AI-driven crypto threats

A debate is spreading in the cryptocurrency industry over so-called “bunker mode,” a strategy of moving assets to new addresses to protect them as concerns grow that artificial intelligence could undermine existing cryptography. There is still no evidence that AI has broken cryptographic systems, and some warn that hasty transfers could increase security risks through mistakes or scams. Experts also say the impact would extend beyond wallets to blockchain infrastructure and consensus mechanisms.

Crypto

Bitcoin rebounds but investor sentiment slumps; $83,000 level key test

Bitcoin rebounded to around $83,600, but markets continue to weigh the risk of further declines. Prediction markets price a 67 percent chance it slips to $80,000 in October. The broader crypto market rose 2.1 percent to $2.89 trillion, still below levels above $3 trillion a week earlier. Bitcoin spot ETFs saw large outflows on Oct. 8 and again on Oct. 9. Analysts point to higher U.S. yields and Fed minutes as pressure on risk appetite.

Crypto

Bitcoin \'Uptober\' narrative wobbles; $77,000 support in focus

Bitcoin has extended weakness in October, sliding 4.1 percent over the past week as outflows from spot bitcoin exchange-traded funds increased downward pressure. The cryptocurrency briefly fell to $80,427 and is trading around $83,000 after failing to hold a push above $87,000. Analysts are watching $83,000 as a near-term pivot and key support levels at $77,000 and $72,000. Markets are also tracking inflation data and ETF fund flows.