Bitcoin risks worst October in 12 years as tech sell-off spreads to gold

Bitcoin (BTC) stayed under pressure below $80,000 at Friday’s Wall Street open as AI fears returned to intensify a broader risk-asset rout.

Bitcoin struggled to hold around $77,000 as risk assets fell across the board at the US open.

The Nasdaq Composite Index fell to 25,500, its lowest levels since early August, while gold dropped to $3,891 per ounce for the first time since October 2025.

BTC/USD risked sealing October losses or 7.7%, the most since 2014.

Tech contagion ramps up as Nasdaq drops 2.5%

Data from TradingView showed BTC/USD down 1.1% on the day after dropping to its lowest levels since Sept. 18.

BTC/USD one-hour chart. Source: Cointelegraph/TradingView