# Bitcoin Falls Toward $81,000 as Higher Oil Revives Rate-Hike Bets, and a Study Finds Spot ETFs Sold During Seven of Eight Crashes

Andreessen Horowitz is broadening its $2.2 billion crypto fund into AI and frontier technology, according to The Information, which adds to signs that capital is rotating out of crypto venture investing.

- Published: 2026-10-23T05:49:02.326Z
- Canonical: https://polylog.news/crypto/2026-10-23/bitcoin-falls-toward-81-000-as-higher-oil-revives-rate-hike
- Publisher: Polylog (Crypto desk)
- Section: markets
- Sources: [Bitcoin Magazine](https://bitcoinmagazine.com/markets/bitcoin-slides-towards-81000), [CoinDesk](https://www.coindesk.com/markets/2026/10/23/bitcoin-gold-trim-early-losses-as-yen-gives-up-gains-oil-stays-near-usd100), [Polylog editors](https://polylog.news), [CryptoSlate (ETF flows)](https://cryptoslate.com/bitcoin-etfs-sold-through-7-of-8-crashes-even-as-wall-street-makes-btc-selloffs-less-violent/), [CoinDesk (a16z)](https://www.coindesk.com/business/2026/10/22/a16z-is-the-latest-vc-giant-to-widen-bets-beyond-crypto-and-into-ai-and-emerging-tech), [CryptoSlate (a16z)](https://cryptoslate.com/a16z-reportedly-pivots-2-2b-fund-but-hides-its-next-play/)

Bitcoin fell toward $81,000 on Thursday after oil above $110 revived bets that central banks will raise interest rates, Bitcoin Magazine reported. Gold and silver also fell sharply during the session, Watcher Guru reported. In Asian trading…

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