By Isaac • October 22, 2026 7:22 am •
Bitcoin’s run toward $85,000 did not survive the next global risk-off wave.
The largest cryptocurrency fell below $82,000 Thursday after mixed earnings from Tesla and Meta revived doubts about the enormous sums being spent on artificial intelligence. A CoinDesk market report put Bitcoin near $81,600 at the session low, down as much as 2.9% from midnight UTC.
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The reversal erased much of Wednesday’s surge toward $84,800. It also showed how quickly a crypto rally can be overwhelmed when investors start cutting risk across several markets at once.
This was bigger than Bitcoin
Nasdaq 100 futures dropped about 1.32%, while S&P 500 futures were down roughly 0.66%. The pressure was even sharper in Asia, where Hong Kong’s
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