Cryptocurrency

Cryptocurrency

Bitcoin falls below $86,000

06 October 2026 08:21 (UTC +04:00)

Mixed dynamics have been observed among major assets in the cryptocurrency market over the past 24 hours, APA-Economics reports.

According to the CoinMarketCap platform, Bitcoin fell 0.50% over the past 24 hours to $85,578.17. However, the cryptocurrency has gained 3.02% over the past seven days and 6.97% over the past 30 days.

Ethereum declined 0.46% to $2,701.20, BNB fell 1.30% to $781.40, while Bitcoin Cash dropped 1.68% to $314.47. Solana also decreased by 0.24% to $120.13.

Meanwhile, Zcash rose 0.95% to $1,343.16, Monero gained 3.23% to $562.99, and Bittensor increased 0.14% to $301.81.

Gold-backed PAX Gold (PAXG) fell 0.25% to $4,137.53. The CoinMarketCap 20 Index declined 0.63% over the past 24 hours to 177.17 points.

Overall, the cryptocurrency market capitalization decreased by 0.35% to $2.91 trillion.

Analysts say Bitcoin is under pressure from a renewed rise in US Treasury yields and a strengthening dollar. Although weak US labor market data have reduced the likelihood of an interest rate hike in October, long-term bond yields remain close to their highest levels in 24 years amid concerns over inflation and government debt. This is limiting faster gains in risk assets such as cryptocurrencies.

Rahim Tariverdiyev