Bitcoin slips below $80,000 as stocks mostly hold their ground

CryptopolitanSep 7, 2026 6:44 PM

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Bitcoin slipped about 1% below $80,000 after gaining more than 20% in August, with $82,000 still blocking its way higher and the 50-week moving average near $81,000 sitting overhead.
Oil jumped to six-week highs after the US and Iran traded strikes, with Brent at $97.73 and WTI at $93.10 as Middle East tensions climbed.
European stocks finished mostly flat, with France and Italy higher while the U.K., Germany, and Spain slipped.

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