LIVE: Bitcoin crashed to $79,000 temporarily, shakes Uptober excitement
Bitcoin briefly crashed to $79,000, losing more than 8% in four days as October’s rally hopes took a beating. Ethereum, XRP, and Solana suffered even worse losses, with traders bracing for mo
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AnonymousCryptoCompass newsroom
October 8, 2026
1 min read
NEWS
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Bitcoin briefly crashed to $79,000, losing more than 8% in four days as October’s rally hopes took a beating.
Ethereum, XRP, and Solana suffered even worse losses, with traders bracing for more volatility ahead of the October 10 flash crash anniversary.
U.S. stocks fell as expensive oil and a tech selloff dragged the Nasdaq down 1.2% and the S&P 500 down 0.6%.
Oil prices surged 4% amid Trump’s Iran war threats, while Treasury yields eased after hitting 24-year highs.
In the wake of Moove‘s Nigeria exit, the Amalgamated Union of App-based Drivers of Nigeria (AUATON) has hailed the company’s decision to fully transfer ownership of vehicles to drivers, descr
The US government transferred 8,428 bitcoin to Coinbase Prime on Wednesday, marking its largest single-day bitcoin movement since December 2, 2024. Data from Galaxy Research ranked the transa
The US government has moved over $1 billion in Bitcoin seized from the 2016 Bitfinex hack to an unknown wallet, in one of the largest single transfers of government-held seized crypto on reco