Bitcoin stalls near $77K as Worldcoin AI jumps 25%
Bitcoin fails to restart its rally, trading slightly below $77,000 and down ~0.6% over 24 hours. Price action remains in correction, stuck below the descending 200-day moving average near $80,000, after a rejection around $82,000. BTC is back at the $74,000–$75,000 support zone where past demand and the 100-day moving average cluster.
Macro context is mixed for risk assets: US stock indices push to new highs while oil slides back to about $90 per barrel. The article also links the backdrop to ongoing US–Israel–Iran geopolitical tension.
While Bitcoin is mostly flat, AI-related altcoins lead the move. Worldcoin (WLD), tied to OpenAI founder Sam Altman, rises about 25% daily and roughly +28% so far, with total weekly gains around +60%. Other AI infrastructure names also move higher: Render (RNDR) +16% and FET (Artificial Superintelligence Alliance) +16% in the past day.
Large-cap majors (ETH, BNB, XRP, SOL, TRX) are largely range-bound, mostly between -0.5% and +0.5% for the day.
Neutral
This is best read as neutral because Bitcoin is still directionless and technically constrained, but AI tokens are providing a clear pocket of relative strength.
In the short term, BTC trading below the declining 200-day moving average near $80K and hovering around the $74K–$75K support area suggests traders may wait for confirmation (either a breakdown below support or a reclaim of the 200-day MA). In similar “stall then support test” phases in past cycles, BTC often stays range-bound until macro/news catalysts shift liquidity.
Meanwhile, the outsized move in Worldcoin (WLD) and other AI tokens indicates a rotation toward AI beta trades rather than a broad altcoin breakout. That can limit downside in the alt complex, but it also means momentum may remain concentrated in specific narratives.
Longer term, if BTC regains bullish structure (reclaiming $80K and then challenging $82K), the current AI-led strength could broaden. If it fails and loses the $74K–$75K band, traders may reduce risk and the AI outperformance may not fully offset BTC-driven market sentiment.