Bitcoin Swings Through Volatile Week as Macro and Geopolitical Forces Hit

Bitcoin moved through a broad range from Oct. 4 to Oct. 10, 2026, opening near $86,100, touching about $87,000, falling to roughly $80,300, and then stabilizing around $82,700 to $82,800. The selloff came amid rising U.S. Treasury yields, hawkish Fed meeting minutes, and Middle East tensions that pushed Brent crude above $104, before President Donald Trump said there would be no U.S. strikes on Iran ahead of the November midterms. U.S. spot Bitcoin ETFs recorded about $729 million in two-day redemptions before a $21.1 million inflow on Oct. 9, while more than $1.1 billion in crypto positions were liquidated on Oct. 8 and large holders accumulated roughly 15,000 BTC.
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