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Bitcoin drops below $82,000 amid ETF losses and macroeconomic headwinds in October trading.

Market News
08 Oct 2026
Decrypt
View Source
Bearish
Bitcoin drops below $82,000 amid ETF losses and macroeconomic headwinds in October trading.

Bitcoin fell to as low as $81,749.83, breaking below a key support level of $82,776.30, amid a 2.67% drop in 24 hours. This decline coincides with Bitcoin ETFs losing $484.9 million on October 7, their worst day since June, and significant liquidations of long positions totaling $429 million. The broader macroeconomic environment, including rising Treasury yields and expectations of another Federal Reserve rate hike, is weighing on Bitcoin's price. Despite the short-term bearish movements, technical indicators show mixed signals with a still intact long-term uptrend but softer momentum. Investors should watch key support zones around $81,000 and upcoming Federal Reserve meetings for potential market catalysts.

Bitcoin trades at Rp1.453.800.000 on Pluang as of Oct 08, 2026 23:32 WIB, down 2.76% in the last 24 hours. The market cap stands at Rp29.176,91T with a 24-hour volume of Rp634T. Pluang users show 63% buy orders and hold Bitcoin for an average of 111 days, indicating steady interest despite recent price drops.

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