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Stocks Hit Records, Bitcoin Stuck Under $87K: Why?

2026-10-06

US stock markets reached new all-time highs on Tuesday, Oct 6, 2026. Bitcoin did not keep pace and stayed near $86,000, according to Cointelegraph. A price table on the same page listed BTC at $85,506.41.

TradingView data cited in the report showed BTC/USD trying to get back to $87,000. That came after another failed attempt to move higher on Monday.

The report says sell orders stacked above the current price held Bitcoin back. The article excerpt does not say who placed those orders or on which venues they sat.

For someone already holding a Bitcoin perpetual on Bitget, Bybit, MEXC or OKX, this story changes nothing directly. It reports no change in funding rates, fees or exchange rules, and it gives no order-book figures for any of these four venues. The only cost-related detail is the sell-side liquidity above the price, and the report does not say where that liquidity was.

Source: cointelegraph — Bitcoin grinds toward $87K as US equities hit new record highs

Price today: Bitcoin

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