Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin dips below $84,000 amid broad crypto selloff driven by rising oil prices.

Market News
07 Oct 2026
Tokenpost
View Source
Bearish
Bitcoin dips below $84,000 amid broad crypto selloff driven by rising oil prices.

Bitcoin fell below $84,000, reaching $83,647.88 as a broad selloff hit the crypto market, especially smaller tokens and decentralized-finance assets. Ether traded at $2,581.30, while DeFi tokens and memecoins dropped about 6% and 5% respectively. The decline was influenced by rising oil prices and increased pressure on risk-sensitive assets. Despite this, U.S. spot Bitcoin ETFs saw $119 million in net inflows on Oct. 6, indicating some continued investor interest amid volatility.

Bitcoin market conditions provide context for readers following crypto trends. As of Oct 07, 2026 17:22 WIB, 6 of 50 major cryptocurrencies on Pluang rose, while 43 fell. Notable movers include ZIL at Rp60 with a -7.73% change and 72% buy activity, GRT at Rp483 down 7.66% with 74% sell activity, and CAKE at Rp40,422 down 7.37% with 88% buy activity.

More News

Bitcoin stalls below $84,000 as 2025 buyers remain underwater, testing key support and resistance levels.

Bitcoin stalls below $84,000 as 2025 buyers remain underwater, testing key support and resistance levels.

Bitcoin's price recently retreated below $84,000 after reaching a high near $87,500 in September. The 2025 cohort of buyers, with an average purchase price around $88,000, remains the only yearly group still underwater, creating a potential resistanc...

Market News
Neutral
4 hours ago
Universal Health Realty Income Trust upgraded to Buy with $39.50 target after Q2 FFO rise and attractive dividend yield.

Universal Health Realty Income Trust upgraded to Buy with $39.50 target after Q2 FFO rise and attractive dividend yield.

Universal Health Realty Income Trust (UHT) has been upgraded to a Buy rating with a price target of $39.50 per share after its stock fell to a suggested entry point. The company's Q2 2026 funds from operations (FFO) increased by 5.88% year-on-year, p...

Analyst Insights
Bullish
4 hours ago
Critics warn socialist policies like rent control threaten economic growth and the American dream.

Critics warn socialist policies like rent control threaten economic growth and the American dream.

Patrice Onwuka, vice president for economic policy at Independent Women, criticized democratic socialist policies such as rent control and increased government intervention, arguing they threaten the American dream and economic opportunity. She share...

Market News
Neutral
4 hours ago
US Senate probes USDT's role in Iranian shadow banking, raising sanctions risks for Gulf crypto firms.

US Senate probes USDT's role in Iranian shadow banking, raising sanctions risks for Gulf crypto firms.

A U.S. Senate investigation has reportedly identified the stablecoin USDT as a potential channel for Iranian shadow banking networks to move dollar-equivalent funds while bypassing traditional banking controls. This raises increased sanctions risks f...

Market News
Bearish
4 hours ago
FLOKI token drops 5.52%, testing key support around $0.000024 amid mixed technical signals.

FLOKI token drops 5.52%, testing key support around $0.000024 amid mixed technical signals.

FLOKI cryptocurrency fell 5.52% on October 7, revisiting the $0.000024–$0.000025 range as a potential support zone. Technical indicators like MACD, Bollinger Bands, and RSI showed weakening momentum, suggesting bearish pressure. The $0.000024 level a...

Technical Signals
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App