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Bitcoin dips below $81,000 amid broad crypto and US stock selloff, dampening hopes for October rally.

Market News
08 Oct 2026
Tokenpost
View Source
Bearish
Bitcoin dips below $81,000 amid broad crypto and US stock selloff, dampening hopes for October rally.

Bitcoin fell below $81,000 on October 8 as a broad selloff impacted cryptocurrencies and U.S. stocks, weakening expectations for the usual October market rally. Bitcoin traded near $81,362 after briefly dropping below $80,000, with intraday lows varying across exchanges. Other major cryptocurrencies like Ether and XRP dropped about 6%, while Solana declined 9%. The selloff coincided with declines in U.S. equities, with the S&P 500 down 0.5% and Nasdaq down 0.9%, while Brent crude oil prices rose 3.8%. This market movement comes nearly a year after the October 2025 crypto flash crash, signaling cautious investor sentiment going forward.

As of October 9, 2026, 02:03 WIB, Bitcoin trades at Rp1.459.488.280 on Pluang, down 2.05% in the last day, showing a smaller decline compared to Solana's 6.53% drop to Rp1.942.192. Meanwhile, XRP fell 4.37% to Rp24.358, contrasting with Bitcoin's more moderate selloff. These figures highlight that Solana experienced the steepest fall among the three, with Bitcoin maintaining relatively stronger support despite the broad market selloff.

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