Investing.com -- Bitcoin traded under $81,000 as large-holder withdrawals and institutional wallet activity raised hopes of a recovery towards $84,000, despite continued uncertainty across cryptocurrency markets. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » Bitcoin was trading down 1.25% at $80,841.9 as of 01:15 ET (04:15 GMT) early Saturday, holding above a key demand zone near $80,000 following recent selling pressure. On-chain data showed that 40 newly created wallets withdrew approximately 9,458 BTC, worth $771.5 million, from trading firm Wintermute since October 1, according to Lookonchain.
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