News · Yahoo Finance

Weekly Wrap: Bitcoin Under Pressure As Market Volatility Intensifies

Bitcoin and other cryptocurrencies remain under pressure as technology stocks sell off over growing concerns about the AI trade, and the Nasdaq fell nearly 700 points, or 2.60%, on Oct. 22. Bitcoin was at $81,500 on Oct. 23, down 5% for October after gaining more than 40% in Q3, while crude oil traded above $115 per barrel. Strategy bought 267 BTC for $22.1 million, bringing its holdings to 848,517 BTC. Deposits in crypto lending vaults have topped $10 billion, more than double the $4 billion at the start of 2025. Visa is in talks to acquire Fireblocks for $2.5 billion, 69% below the $8 billion valuation applied in a January 2022 fundraise.

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Keywords

cryptobitcoinBTCUSDTtech stocksoil prices

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Related tickers and likely impact

BTC/USDT

▼ Likely negative

Bitcoin

Relevance: medium

MarketCrypto
ExchangeBinance
SectorLayer 1
Market cap$1.6T
Close on 10/22/202681,416.09
Change that session-3.18%
BTC/USDT price, forecasts and signals →

ETH/USDT

▼ Likely negative

Ethereum

Relevance: medium

MarketCrypto
ExchangeBinance
SectorLayer 1
Market cap$294.2B
Close on 10/22/20262,389.14
Change that session-3.42%
ETH/USDT price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

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