Morning Edition · Tuesday, October 6, 2026Published at 1:32 AM EDT · New York

Bitcoin slips back to about $85,600 after its third failure at $87,000 since September 23, while the Nasdaq closes higher

Glassnode data show bitcoin futures positioning down $1.4 billion, and spot buyers bought enough to offset selling. The price sits about 32% below the $126,210 peak set exactly a year ago.

Bitcoin fell back to about $85,600 after sellers turned it away from $87,000 for the third time since September 23. The Nasdaq closed higher, and Treasury yields kept rising. Bitcoin peaked at $126,210 exactly a year ago, so it now trades a…