# Bitcoin Falls to $82.7K October Low as Iran Risks Lift Yields

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/27502
Published: 2026-10-07T15:16:51.000Z
Updated: 2026-10-07T15:16:51.000Z
Section: Investing

> Bitcoin reached $82,734 as oil prices rose, U.S. stocks reversed from records and Treasury yields climbed to 24-year highs.

Bitcoin (BTC) fell to $82,734 on Wednesday, its lowest level of October, as renewed bond selling and rising oil prices tied to Iran-related tensions pressured stocks and other risk assets.

U.S. Treasury yields climbed to 24-year highs, with the 10-year yield reaching 5.36% and the 30-year yield hitting 5.73%. Brent crude rose to $102 a barrel, while West Texas Intermediate crude reached $91.

The S&P 500 fell 0.6% to 7,773 points after U.S. stocks reached fresh all-time highs Tuesday. The market reversal added to pressure on Bitcoin during the Wall Street session.

Bitcoin also dropped below its 21-day simple moving average at $83,850, ending support that had held at that level. Open interest in Bitcoin futures declined nearly 10%, from about $28.8 billion on Sept. 22 to $26 billion, indicating reduced positioning in derivatives markets.

The move leaves Bitcoin below the $87,000 area, where selling pressure had limited its recent advances.