Bitcoin Price Drops to $81,000 for the First Time in Nearly Three Weeks
Ecosystem
- Currencies: DOGE ($0.08633, +1.14%), TRX ($0.3309, +0.45%), LINK ($12.89, +0.01%), ZEC ($1,222.65, +0.24%), ADA ($0.2530, +6.05%), XRP ($1.40, +0.69%), ETH ($2,494.69, +0.03%), BTC ($82,754.49, +0.40%), XMR ($516.94, +3.69%), BNB ($749.69, +0.90%), XLM ($0.1968, +0.88%), SOL ($109.87, +0.50%), HYPE ($84.19, +1.57%)
News
Bitcoin nears 3-week low as oil heads higher on Iran strike woes
Markets
Published: Oct 8, 2026
Bitcoin (BTC) dipped below $81,000 and oil prices gained after reports that military confrontation between the US and Iran could return.
Key Points:
- Bitcoin returned to $81,000 for the first time since Sept. 21 amid fresh concerns about US-Iran military action.
- US 30-year bond yields set another multidecade high as a senior Fed official saw more interest-rate hikes coming.
- BTC price action increasingly suggested the loss of an important support level at $82,500.
- Oil spikes over reports of fresh US-Iran strikes to come.
Market Data:
- BTC/USD dropped to $81,000 on Bitstamp—its lowest since Sept. 21. (Source: Cointelegraph/TradingView)
- US 30-year bond yield reached a new 24-year high of 5.73% before dropping to 5.65%. (Source: Cointelegraph/TradingView)
Notable Quotes:
“I think the deal isn’t really something that I want to do, but they’re willing to offer us anything to stop,” — President Donald Trump, quoted by the Independent.
“If the economic data continue to come in as expected, I anticipate additional hikes to support a timelier return of inflation to our 2 percent goal,” — Federal Reserve Governor Christopher Waller.
Additional Information:
- Bitcoin’s $82,500 support level remains critical, similar to its role during the 2022 bear market.