Bitcoin Falls Below $77,000 as AI Leaders Urge Slowdown
Bitcoin slipped under $77,000 to about $76,695 after AI leaders called for slower development. Traders will watch Monday’s tech-session ahead of the Fed’s Sept. 15–16 meeting.
Bitcoin fell below $77,000 on Sunday, trading near $76,695. The price was down about 0.8% over 24 hours and roughly 4.1% over seven days, while 30-day gains remained near 22%. Reported 24-hour trading volume was about $13.4 billion, market capitalization stood near $1.55 trillion and circulating supply was about 20.08 million coins.
The decline extended weakness from the prior week. Bitcoin recorded an intraday low near $76,676 on Sept. 10, before weekend comments from AI industry leaders.
Anthropic CEO Dario Amodei called for slowing the pace of AI development and for independent evaluators to assess advanced systems. OpenAI CEO Sam Altman expressed support for that approach and indicated OpenAI’s initial public offering would be postponed to 2027 for safety reasons.
Market participants will watch how technology stocks perform when U.S. regular trading opens Monday. Futures and extended-hours activity can provide early signals, but the NYSE regular session from 9:30 a.m. to 4 p.m. Eastern will be the first main test.
Inflation data added a separate element for investors to consider. The Bureau of Labor Statistics reported final-demand producer prices rose 0.4% in August on a seasonally adjusted basis and 5.4% year over year. Goods prices increased 1.1% for the month; energy prices rose 4.2% and accounted for more than three-quarters of the monthly goods increase.
Traders noted that lower trading volume-about half the activity of the previous day-means several explanations remain possible. A steady technology session on Monday would weaken the link between the weekend bitcoin decline and the AI statements. A weak session for tech shares would make the comparison more relevant without establishing a direct causal connection.
For bitcoin, the immediate question is whether buyers will step in as U.S. markets reopen. The Federal Reserve meeting on Sept. 15–16 and the Sept. 16 press conference will provide an additional checkpoint for markets later in the week.








