Bitcoin fell below $84,000 following a sharp rally in oil prices that pushed Brent crude above $101 per barrel. This surge in oil strengthened the US dollar and increased Treasury yields, creating pressure on risk assets including cryptocurrencies. As a result, altcoins also experienced a selloff. Investors should watch how these macroeconomic factors continue to influence the crypto market in the near term.
Bitcoin’s recent price action is set against a backdrop of broad cryptocurrency declines on Pluang. For readers following Bitcoin, here is Pluang's market snapshot as of Oct 08, 2026 00:34 WIB: out of 50 major cryptocurrencies, only 5 rose while 44 fell. Notably, UNI dropped 9.53% to Rp139.462 with a buy-heavy order activity of 73%, contrasting with CAKE’s 8.98% decline to Rp39.596 amid a majority 57% sell activity, and ENJ fell 8.81% to Rp537 with 69% of orders selling. Typical hold times range from 65 to 104 days across these assets.
Several analysts including Morgan Stanley, Scotiabank, and Wells Fargo have lowered their price targets for Vale due to rising all-in costs and volatile iron ore prices. Despite the stock trading below these new targets, indicating potential upside, ...
BNP Paribas lowered Hormel Foods' price target from $26 to $23, indicating a potential 16.2% upside from its current price of around $19.80. Despite a 50.5% decline in its share price over five years, Hormel Foods remains attractive for dividend inve...
Barclays initiated coverage of Becton, Dickinson and Company (BDX) with an "Underweight" rating, indicating a cautious outlook for the medical technology stock. BDX is partnering with the U.S. government to boost domestic manufacturing and strengthen...
Morgan Stanley increased its price target for Eli Lilly to $1,430 from $1,419, maintaining an Overweight rating. This new target implies a potential upside of about 20.8% from the current share price of around $1,184. The adjustment reflects updated ...
Energy Fuels shares fell 9% amid a coordinated selloff of uranium miners and advanced reactor stocks, with Oklo and Centrus Energy also down about 5%. The selloff reflects investor caution as these companies are still years away from generating expec...
