Bitcoin fell below $83,000 during Monday’s U.S. session as a firm dollar, higher bond yields and weakness across technology shares pressured risk assets. The cryptocurrency later recovered part of its decline, but remained lower alongside ether and several crypto-related stocks.
Bitcoin and ether retreat in weak trading
Bitcoin reached a session low near $82,300 before changing hands around $82,700 later in the day. The move came as the tech-heavy Nasdaq 100 ended 0.7% lower, while the S&P 500 was little changed. Trading conditions were quieter than usual because the U.S. bond market and Canadian stock exchanges were closed for a holiday, although U.S. stock markets remained open.
Ether also lost ground, giving back its overnight advance and holding only just above $2,500. Over the previous 24 hours, bitcoin was down 1.6% and ether had declined 1.3%, according to the source report. Other major digital assets, including XRP, Solana and Hyperliquid’s HYPE, fell by about 3% to 4% over the same period.
The broader market backdrop remained cautious. The dollar was firm, with the DXY index above 102.4, while Treasury yields moved higher as bond prices weakened. Oil prices eased later in the afternoon to about $93 a barrel but remained higher for the day amid continuing supply concerns. Gold traded around $4,180 an ounce, down roughly 0.5%, while technology futures were slightly lower.
Crypto shares follow broader technology weakness
Selling extended beyond digital currencies. Securitize, a tokenization company whose shares had recently benefited from a report highlighting it as a potential beneficiary of equities moving onto blockchain infrastructure, fell more than 10% intraday and ended the session down 14%.
Digital custodian BitGo and institutional exchange Bullish each declined about 3%. Circle, the issuer of USDC, Strategy, which holds bitcoin, and Bitmine, an ether treasury company, also posted modest losses. Coinbase was an exception, gaining 0.5% during the session.
Bitcoin miners were also broadly lower. Bitdeer, Cipher Mining, TeraWulf and HIVE Digital each lost roughly 3% to 4%. These companies have increasingly tied their businesses not only to bitcoin mining but also to artificial-intelligence infrastructure and data-center development, leaving them exposed to weakness in technology-related shares.
The pressure also reached chip and AI-linked companies. Micron Technology fell 4%, moving below $1,000 for the first time since mid-September, while SanDisk declined 6%. The moves showed that the session’s weakness was not limited to crypto markets.
Bitmine and Strategy continue digital-asset purchases
Despite the market decline, two companies disclosed further cryptocurrency acquisitions.
Bitmine purchased 12,532 ether during the week, worth about $32 million at Monday’s price of $2,536. The purchase brought its holdings to 6,028,946 ETH, valued at approximately $15.3 billion at current prices and equal to roughly 4.9% of ether’s total supply. It was the company’s smallest weekly purchase since mid-August.
Chairman Tom Lee previously said Bitmine would stop buying ether after reaching its objective of holding 5% of the cryptocurrency’s supply. The latest acquisition therefore moves the company closer to that stated target.
Strategy, meanwhile, bought 250 bitcoin for $21.5 million between Oct. 5 and Oct. 11, paying an average of $86,194 per coin. Its total holdings rose to 848,250 BTC. The company said it had spent approximately $64 billion on those holdings at an average cost of $75,444 per bitcoin.
Strategy financed the bitcoin purchases with $21 million in net proceeds from selling 125,183 MSTR shares through its at-the-market offering program, plus $500,000 from cash. It also repurchased about 1.93 million shares of its variable-rate preferred stock, STRC, leaving $354.8 million available under that repurchase program.
Current market picture
Moneyiar market data recorded on Oct. 13, 2026, at 09:34 +03:30, showed bitcoin at $83,359.87, down 0.07% over 24 hours and 2.9% over seven days.
Selected assets in the same Moneyiar data were also lower:
- edgeX (EDGE): $0.3377, down 6.2% in 24 hours and 25.42% over seven days.
- Sentient (SENT): $0.02034, down 5.58% in 24 hours and 20.46% over seven days.
- Ark (ARK): $0.1882, down 6.75% in 24 hours and 12.47% over seven days.
Markets were also awaiting the week’s key U.S. macroeconomic event: Wednesday’s inflation report. The source material said annual core inflation was expected at 2.5%, while headline inflation was forecast at 3.7%, potentially representing a reacceleration from the previous month. According to CoinDesk, that combination of firm dollar conditions, rising yields and pressure on technology shares kept investors cautious as the week began.
