Latest update · October 7, 2026
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Bitcoin rallied to $85,000 as a 90-day tariff pause and the total market cap jumping 11.8% sparked a relief rally across crypto.
Trump's tariffs on Canada and Mexico sent Bitcoin down nearly 15% to $92,000 and Ethereum down 27%, before markets rebounded sharply.
Bitcoin fell to $86,000, its lowest since November, as $1.5B in liquidations hit the market following the Bybit exchange hack.
Bitcoin dipped to $94K on new tariff news before rebounding to $98K, as capital rotated into altcoins and MicroStrategy resumed its BTC buying.
Markets have been hit with severe volatility due to ongoing geopolitical and macroeconomic uncertainties.
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