Bitcoin continued its decline toward the $81,000 level on Thursday (October 22, 2026), having previously traded in the $82,000 range. Recent price data shows BTC hovering around $81,937, following an earlier peak of $84,786 during todayâs trading session. This weakness comes amid waning appetite for risk assets. Concerns regarding the sustainability of investments in artificial intelligence (AI), combined with high funding costs, have exerted downward pressure on the crypto market. The decline has brought Bitcoin closer to the average acquisition cost for corporate treasuriesâa metric tracked by Glassnodeâwhich stands at approximately $80,200 per BTC. In an October 21 report, Glassnode noted that buying activity from this group remains limited, even though the value of their holdings has returned to a level above their acquisition cost.
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âđ„ Stuck at $81,000: A Massive Discount or the Beginning of a Crypto Winter?
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