Crypto
Bitcoin Slides Below $83K Amid Broader Market Volatility
Bitcoin fell below $83,000 as rising oil prices and surging US bond yields triggered a market-wide retreat from recent record highs.
October 7, 2026, 06:06 PM·Cointelegraph

Bitcoin fell below $83,000 as rising oil prices and surging US bond yields triggered a market-wide retreat from recent record highs.

Bitcoin failed to break the $85,000 resistance level as long-term holder supply clusters and rising US bond yields pressured market sentiment.

US Treasury Secretary Scott Bessent expanded the bond buyback program to at least $4 billion per operation, but yields hit a three-year high.
