Asian equities declined, with technology shares leading the regional losses. Investor confidence was shaken by mixed U.S. earnings results. Brent crude oil rose above $112 a barrel during the sell-off. Bitcoin also retreated as the downturn spread across markets, with China's stock market now in a bear market.
This is an AI-generated summary. ShortSingh links to the original source for the complete article.
Your day-ahead look for Oct. 21, 2026
Bitcoin fell as much as 2.9% to roughly $81,600 in the latest trading session. The decline coincided with a drop in Nasdaq futures, reflecting broader risk-off sentiment in markets. The CoinDesk 80 index shed 3.5%, while its DeFi index slid 6%, making decentralized finance tokens the biggest decliners. Renewed doubts about artificial intelligence were cited as a factor weighing on sentiment across assets.
Crypto traders on Bitget are pricing Reliance Jio's upcoming initial public offering at roughly $110 billion. A pre-IPO Jio contract on the platform is trading near $12, about 4% above the top of the official price band. The move comes while India's largest public offering is still open for subscription. The figures reflect speculative pre-listing trading rather than the official market valuation of the company.
Bitcoin surrendered its recent climb toward $85,000 and slipped below $82,500 as disappointing technology sector earnings weighed on investor sentiment. The round trip left traders on both sides of the market caught off guard by the sharp reversal. Monero (XMR) moved against the broader trend, rising about 11% during the same period. The report is a live update, so the figures reflect market conditions at the time of publication.
Discussion (0)
Log in to join the discussion and vote.
Log in