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Bitcoin — 2026-10-08

$81,017.22Down -2.81%24h

Change since the previous record

Down $2,360.91 (2.83%)

Previous record
$83,378.13 · 2026-10-07 16:03 UTC

View the previous record. Based on the two recorded prices; separate from the 24h change.

Research details
Confidence
MEDIUM
Status
CHANGED
Previous record source
CoinMarketCap AI (page-embedded data, automated collector)

Collector note

The commentary below quotes different figures (down 1.31% to $82,928.94) from the recorded price above.

CoinMarketCap AI commentary

Retained for audit context; its figures conflict with the recorded price above and it is not independently verified.

Bitcoin is down 1.31% to $82,928.94 in 24h, underperforming a broadly weaker crypto market, primarily driven by a macro risk-off move triggered by Middle East tensions. It shows a strong correlation (0.67) with the S&P 500 and (0.74) with Gold, indicating a rates-sensitive, macro-driven sell-off.

  1. Primary reason: Geopolitical tensions spiking oil prices and Treasury yields, which strengthened the dollar and drained liquidity from risk assets.
  2. Secondary reasons: A cascade of leveraged long liquidations, exceeding $64 million for Bitcoin alone, amplified the downward pressure.
  3. Near-term market outlook: If Bitcoin holds above the critical $81,300–$83,000 support zone, it could consolidate ahead of the October 14 U.S. CPI report; a break below risks a sharper drop toward $78,000.

Evidence

CoinMarketCap price-analysis page data: US$81,017.22, -2.81% (24h). Analysis title: "Latest Bitcoin (BTC) Price Analysis".

Verification notes

Price and 24h change were read directly from CoinMarketCap's own page data (not cross-checked against an independent feed). CMC AI's analysis text is attributed commentary, not independently verified fact; catalyst/causal claims within it require separate confirmation before being treated as fact.

Why it matters

Tracks Bitcoin's latest price move and CoinMarketCap AI's own stated reasoning, without independent cross-verification against a second price feed.