Bitcoin drops 3.4% to $80K as risk-off grips markets on inflation, AI spending doubts

Bitcoin fell 3.4% to $80,000 amid broad risk aversion driven by US inflation concerns, potential Fed rate hike, oil price spike after Houthi attack on Aramco, and doubts over AI spending sustainability. The move reflects a flight from risk assets as multiple macro headwinds converge, with uncertainty over whether the selloff deepens.