Cryptocurrencies remain under pressure as investors rotate money out of technology stocks amid growing concerns about a bubble forming in artificial intelligence (A.I.) stocks. Bitcoin’s (CRYPTO: BTC) price briefly dipped below $80,000 U.S. on Oct. 16 amid the market volatility. Other cryptocurrencies such as Ethereum (CRYPTO: $ETH) are also sliding lower.

Digital assets have been under heavy pressure throughout the past week as concerns about the A.I. trade worsen. In Asia, South Korea’s main KOSPI stock exchange suffered a mini crash this past week, falling 6% in a single trading session, as Asian chip stocks pulled back sharply. Rising oil prices and bond yields also continue to roil risk assets such as crypto.…