Bitcoin dips below $77,000 amid AI development concerns

Bitcoin traded at $76,695 on Sunday, marking a 0.80% decline over 24 hours and a 4.08% drop over the week. The price retreat follows recent warnings from Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman regarding the pace of AI development, as well as OpenAI's decision to delay its IPO until 2027. Trading volume fell by nearly 50% to $13.44 billion, while investors await the upcoming Federal Reserve meeting.