Bitcoin breaks below $81,000 as U.S. Treasury yields retreat
Key Facts
Bitcoin briefly fell below the $81,000 level on October 22, 2026. The decline occurred as the 10-year U.S. Treasury yield dropped below 5%, compounded by selling pressure from $635 million in outflows from spot Bitcoin exchange-traded funds.
Bitcoin was trading at $81,652.8 on October 22, 2026, down from a weekly high of $84,792.2 reached on October 21. These price fluctuations coincide with broader market focus on massive AI infrastructure spending, which totaled $34.9 billion at Meta in the third quarter of 2026.
The Federal Reserve begins its next monetary policy meeting on October 27, 2026. The Federal Open Market Committee is scheduled to conclude its two-day session on October 28, followed by a press conference to address interest rate trajectories and borrowing costs.
Latest Updates · 5
- Notable·
Update: The cryptocurrency market saw $406 million in liquidations amid the ongoing price pressure. Analysts are currently monitoring the $80,000 support level as a key threshold for price stability.
- Notable·
Update: Crypto markets saw $431 million in liquidations on October 23, 2026. These forced liquidations occurred as continued outflows from spot Bitcoin ETFs intensified selling pressure on the price.
- Notable·
Update: Bitcoin hit a new overnight low of $80,989 on October 23, 2026. This move was accompanied by $431 million in long liquidations across derivatives exchanges, further intensifying the selling pressure on the cryptocurrency.
- Major·
Update: U.S. spot Bitcoin exchange-traded funds saw a sharp reversal in momentum, recording $635 million in net outflows and ending a three-day streak of positive inflows. This exit of capital coincided with emerging macroeconomic pressures linked to Middle East tensions and the upcoming U.S. midterm elections.
- Notable·
Update: Technical analysis suggests that a Bitcoin closing price below the $81,000 level could trigger a further decline toward $70,000. This technical outlook comes as the cryptocurrency tests critical price levels following the recent downturn.