EL7.AI
CryptoMedium•23 October 2026•
2 min read

Bitcoin falls 4% to $81,448, Ethereum closes at $2389.14

Key Facts

1Bitcoin fell 4% to $81,448 on the evening of October 22, after approaching $85,000 overnight.
2Ethereum recorded a close of $2389.14 on 2026-10-22, according to EL7 data.
3Brent rose about 4% to around $113 a barrel on Thursday.
4Net outflows from U.S. spot Bitcoin funds totaled about $681.11 million during sessions from October 5 to 9.
5The Federal Reserve holds its next meeting on October 27 and 28, followed by a meeting on December 8 and 9 accompanied by economic projections.

Bitcoin fell 4% to $81,448 on Thursday evening, October 22, according to Investing.com, giving up gains that had pushed it close to $85,000 overnight. The world's largest cryptocurrency reached that price at 21:39 GMT, after trading shifted from overnight gains to an evening decline. In the Ethereum market, EL7 data recorded a daily close of $2389.14 on October 22, compared with $2473.76 in the previous session on October 21. A comparison of the two closing prices showed Ethereum declining alongside Bitcoin's drop from the level it had approached overnight. Bitcoin's trading picture had been different on Tuesday, October 20, when Investing.com reported a 1.3% rise to $83,087.2 at 22:25 GMT. Its price on Thursday evening was therefore below the price reached on Tuesday evening, as well as the overnight level closer to $85,000.

In energy markets, Brent crude rose about 4% to around $113 a barrel on Thursday, according to CBS News, coinciding with the decline in both cryptocurrencies. On the diplomatic front, Qatar's foreign ministry said in an October 6 statement that messages were being exchanged between Washington and Tehran. The ministry added that Qatar was acting as an intermediary between the two sides as part of mediation efforts between the United States and Iran. In the same statement, Doha condemned the Houthi group's targeting of Saudi Arabia, Islamic holy sites and civilian facilities. The ministry described the group's conduct as an "irresponsible approach," addressing the regional targeting alongside its comments on the continued exchange of messages between Washington and Tehran.

Thursday's decline was preceded by outflows from U.S. spot Bitcoin funds, with net outflows totaling about $681.11 million during trading sessions from October 5 to 9, according to SoSoValue data cited by Investing.com. That total appeared in a report published by the website on October 10 and covered that earlier period of the month. On the monetary policy calendar, the Federal Reserve's official schedule sets the next Federal Open Market Committee meeting for October 27 and 28. Another committee meeting follows on December 8 and 9, according to the same calendar. The December meeting will be accompanied by a Summary of Economic Projections, according to the schedule published by the Federal Reserve.