Bitcoin drops below $81,500 as tech sell-off spills into Asian markets
Cryptocurrency markets retreated as Bitcoin slid beneath $81,500, following a Wall Street technology sell-off that extended across Asian equity markets.
Bitcoin dropped below $81,500 on Friday morning as a Wall Street sell-off in technology shares spread into Asian equities, according to The Block. South Korea's Kospi fell 2.3% and Japan's Nikkei 225 declined 1.6% during morning trade. Amid the broader market weakness, Bitcoin slipped 3.3% to $81,429, with an attached TradingView chart showing the cryptocurrency down $2,790.62 to $81,429.36.[1][2]
The downturn extended across digital assets, pulling the broader cryptocurrency market down 3%, The Block reported. Ether fell 3.4% to $2,392, while XRP dropped 3.8% and Zcash declined 7.6%. Later morning data from Frank-News showed Bitcoin trading at $81,757.60, down 2.68%, alongside declines in Ethereum to $2,406.73 and Solana to $104.04.[2][5]
Despite dropping more than 4% earlier in the session, Bitcoin held above the $80,000 threshold, according to CoinGecko, with its 24-hour chart showing a rebound toward $81,780.08. Analytics Insight noted that Bitcoin traded near $81,600 after an earlier run toward $85,000 lost momentum, highlighting $80,790 as a key support level while oil markets, chip stock declines, and Middle East tensions weighed on sentiment.[3][4]
Key facts
- Bitcoin dropped 3.3% to $81,429, slipping below the $81,500 level.
- The Wall Street sell-off extended into Asian equities, sending South Korea's Kospi down 2.3% and Japan's Nikkei 225 down 1.6%.
- The broader cryptocurrency market declined 3%, with Ether dropping 3.4% to $2,392, XRP falling 3.8%, and Zcash losing 7.6%.
- CoinGecko reported Bitcoin held above $80,000 despite dropping more than 4% earlier in the morning, recovering to $81,780.08.
- A crypto morning update recorded Bitcoin at $81,757.60, Ethereum at $2,406.73, and Solana at $104.04.
- Analytics Insight reported Bitcoin held near $81,600 with $80,790 seen as a support level after a run toward $85,000 faded amid chip stock losses, oil pressure, and Iran tensions.
Sources · 5 sources
- TB
The BlockArticle ·
Bitcoin slides below $81,500 as tech stock sell-off spreads to Asian equities The Wall Street sell-off extended to Asian equities on Friday morning, with South Korea's Kospi down 2.3% and Japan's Nikkei 225 down 1.6%.
Open source - TB
The Block@TheBlockCoPost on X ·
THE BLOCK: Bitcoin fell 3.3% to $81,429 and ether dropped 3.4% to $2,392, pulling the broader crypto market down 3%. XRP slid 3.8% and Zcash declined 7.6%. bitcoin:native ethereum:native https://t.co/OJR2GqajLw
Open source - AI
Analytics Insight@analyticsinmePost on X ·
𝐂𝐫𝐲𝐩𝐭𝐨 𝐏𝐫𝐢𝐜𝐞𝐬 𝐓𝐨𝐝𝐚𝐲: 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐒𝐭𝐞𝐚𝐝𝐲 𝐍𝐞𝐚𝐫 𝐔𝐒𝐃 𝟖𝟏,𝟔𝟎𝟎 𝐃𝐞𝐬𝐩𝐢𝐭𝐞 𝐈𝐫𝐚𝐧 𝐓𝐞𝐧𝐬𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐀𝐈 𝐒𝐞𝐥𝐥𝐨𝐟𝐟 Can Bitcoin defend USD 80,790 after its USD 85,000 run faded? Bitcoin trades near USD 81,600 as chip stocks and oil rattle markets. Zcash leads losses among the top 12 coins. #Bitcoin #BTC #Crypto #CryptoNews #BitcoinPrice #CryptoMarket #Ethereum #XRP #Solana #Zcash #Hyperliquid #DigitalAssets #analyticsinsight #analyticsinsightmagazine Read More 👇 https://t.co/M5DS7qDU17
Open source - CO
CoinGecko@coingeckoPost on X ·
Despite falling over 4% earlier this morning, Bitcoin held steady above $80,000. https://t.co/8GdIFMI6I0
Open source - FN
Frank-News@francobocaPost on X ·
Crypto: morning update (Oct 23, 2026, 12:00AM) Bitcoin: $81,757.60 -2.68% Ethereum: $2,406.73 -2.59% Solana: $104.04 -2.58% https://t.co/hdlUjxHT6R
Open source