CryptoMediumUpdated×4•Originally published 9 October 2026•Updated 10 October 2026•
1 min read
Bitcoin Breaches Key Support Level, Dropping to $82,748
Key Facts
1Bitcoin price hit its October lows, stabilizing near the $83,000 level.
2Movements from government-linked wallets were detected involving the transfer of $1.48 billion in Bitcoin.
3Spot XRP ETFs recorded net inflows while the token held steady around $1.39.
Bitcoin price dropped to $82,748 on October 10, 2026, breaking below a key technical support floor of $83,503. The decline occurred as the MACD histogram hit zero, following a period of selling pressure linked to significant government-related transfers.
Tokenpost reported that government-linked wallets moved 17,733 BTC, valued at $1.48 billion, to Coinbase Prime through October 8, 2026. This contributed to $859.17 million in long liquidations across the market, while XRP closed at $1.39 on October 9, 2026.