Bitcoin struggles at $87,000 amid stock market gains

2026-10-06

Bitcoin faced renewed selling pressure around the $87,000 mark, marking its third rejection at this level since September 23. This occurred as the Nasdaq Composite index approached record highs and Treasury yields continued to rise.

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Bitcoin faced renewed selling pressure around the $87,000 mark, experiencing its third rejection at this level since September 23. This occurred as the Nasdaq Composite approached record highs and Treasury yields continued to rise.

Key facts

Bitcoin encountered resistance from sellers at the $87,000 threshold.
This was the third rejection at the $87,000 level since September 23.
The Nasdaq Composite index approached record highs.
Treasury yields exhibited an upward trend.

Source: CoinDesk

Reported by VERA Newswire.