📊 Good morning, markets｜Recovered to 86.2k overnight, gave back gains to 85.5k in early trading; U.S. stocks closed higher, crypto didn’t follow
As of 08:22 Beijing time on October 7, the crypto market gave back last night’s rebound, with all three major coins down:
- Bitcoin: $85,482, 24h -0.52%, support $85,136, resistance $86,699
- Ethereum: $2,696, 24h -0.71%, support $2,684, resistance $2,725
- Binance Coin: $778.6, 24h -1.17%, support $778.1, resistance $788.0
Bitcoin fell from around 86.2k overnight to near 85.5k, still holding above 85.1k. It has not reclaimed yesterday’s level of around 87.0k, let alone Friday’s level of around 87.2k. The total crypto market cap is about $2.926 trillion, down 3.05% over 24 hours, with Bitcoin dominance at 58.7% (CoinGecko). The major coins are all down, with Binance Coin leading the losses. The broader market remains in the red, with losses deepening since last night. Current prices reflect a pullback from last night’s rebound, not a fresh breakdown.
📅 Today’s watchlist:
1. The three major U.S. stock indexes all closed higher overnight: the Dow rose about 0.42%, the Nasdaq about 0.47%, and the S&P 500 about 0.56%. Crypto didn’t follow in early trading (PANews).
2. On-chain data shows that Bitcoin spot funds saw net outflows of 1,059 BTC (about $91.72 million) on Tuesday, while maintaining net inflows of 1,074 BTC over seven days. Ethereum spot funds saw daily net outflows of about 21,400 ETH (PANews).
3. A South Korean technology group is partnering with a tokenization platform to develop tokenized assets. The local Financial Services Commission’s rules on tokenized securities are expected to take effect in February 2027 (PANews).
Data sources: Binance spot market (as of 2026-10-07 08:22 UTC+8); total market cap from CoinGecko; news from PANews.
Do you think Bitcoin will hold 85.1k and challenge 86.2k again today, or keep digesting Friday’s high? Share your thoughts in the comments 👇
$BTC $ETH
#行情早报 #BTC #cryptocurrency
As of 08:22 Beijing time on October 7, the crypto market gave back last night’s rebound, with all three major coins down:
- Bitcoin: $85,482, 24h -0.52%, support $85,136, resistance $86,699
- Ethereum: $2,696, 24h -0.71%, support $2,684, resistance $2,725
- Binance Coin: $778.6, 24h -1.17%, support $778.1, resistance $788.0
Bitcoin fell from around 86.2k overnight to near 85.5k, still holding above 85.1k. It has not reclaimed yesterday’s level of around 87.0k, let alone Friday’s level of around 87.2k. The total crypto market cap is about $2.926 trillion, down 3.05% over 24 hours, with Bitcoin dominance at 58.7% (CoinGecko). The major coins are all down, with Binance Coin leading the losses. The broader market remains in the red, with losses deepening since last night. Current prices reflect a pullback from last night’s rebound, not a fresh breakdown.
📅 Today’s watchlist:
1. The three major U.S. stock indexes all closed higher overnight: the Dow rose about 0.42%, the Nasdaq about 0.47%, and the S&P 500 about 0.56%. Crypto didn’t follow in early trading (PANews).
2. On-chain data shows that Bitcoin spot funds saw net outflows of 1,059 BTC (about $91.72 million) on Tuesday, while maintaining net inflows of 1,074 BTC over seven days. Ethereum spot funds saw daily net outflows of about 21,400 ETH (PANews).
3. A South Korean technology group is partnering with a tokenization platform to develop tokenized assets. The local Financial Services Commission’s rules on tokenized securities are expected to take effect in February 2027 (PANews).
Data sources: Binance spot market (as of 2026-10-07 08:22 UTC+8); total market cap from CoinGecko; news from PANews.
Do you think Bitcoin will hold 85.1k and challenge 86.2k again today, or keep digesting Friday’s high? Share your thoughts in the comments 👇
$BTC $ETH
#行情早报 #BTC #cryptocurrency