Crypto

Bitcoin hit by rising oil and interest rates as buying slows, adding to headwinds

Bitcoin slid to around $83,000, its lowest level this month, amid a combination of surging oil prices, rising U.S. Treasury yields and broader weakness in risk assets. Brent climbed to $102 a barrel and WTI to $91. U.S. 10-year and 30-year yields hit 24-year highs. Analysts also pointed to weakening demand in spot and derivatives markets, with open interest down about 10 percent since Sept. 22.

Crypto

Bitcoin stalls near $86,000 as $87,000 sell wall halts gains despite U.S. stocks record highs

Bitcoin traded around $86,000 on Tuesday, trying to regain $87,000, but upside momentum remained limited as sell orders accumulated on exchanges. The move came as major U.S. stock indexes hit record highs after expectations for Federal Reserve rate hikes in the fourth quarter of 2026 eased. Data showed Bitcoin’s correlation with the S&P 500 rose to 0.51 as of Oct. 2, the highest since early June. Traders watched resistance near $87,000 and support around $83,500.