Bitcoin fell to $82,734, its lowest level in October, pressured by rising US Treasury yields hitting 24-year highs and increasing oil prices due to Iran-related tensions. The 10-year US Treasury yield reached 5.36%, and Brent crude oil rose to $102 a barrel, adding stress to risk assets including stocks and Bitcoin. The S&P 500 also declined 0.6% after recent highs, contributing to Bitcoin's drop below its 21-day moving average and reduced futures market interest. This suggests cautious investor sentiment and potential further volatility ahead for Bitcoin and related markets.
Bitcoin's October low is the story's subject, with Pluang market data providing context. As of Oct 07, 2026 22:32 WIB, 5 of 50 major cryptocurrencies rose while 44 fell. Notable movers include AXS at Rp20.869 with a -9.24% change and 89% buy activity, XTZ at Rp5.475 down 8.54% with 95% sell activity, and THETA at Rp3.854 down 8.50% with 100% sell activity.
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 ...
Jito Labs has introduced JTX, a new self-custodial trading platform on the Solana blockchain. The platform supports spot trading of tokens, memecoins, tokenized equities, and ETFs, providing professional-grade execution tools. This launch aims to emp...
Evernorth's $1 billion XRP-only fund, initially set to debut on NASDAQ on October 8, 2026, has been postponed to October 12 due to an administrative delay. This delay does not affect the recent merger approval by Armada II shareholders or the fund's ...
