Bitcoin Weekly Close Slips From Support Zone as Tech Stocks Eye Recovery

Bitcoin (BTC) starts the third week of October at $82,000 as crypto and stock markets begin a tentative rebound.

Key points:

• South Korea’s KOSPI Composite Index gained nearly 1.8% on Monday after last week’s tech-driven losses.
• Markets have priced out two further interest-rate hikes by the Federal Reserve in 2026, seeing 75% odds of only one 25-basis-point hike by the end of the year.
• Bitcoin delivered a weekly close below key local support after the Coinbase Premium Index hit -0.14, its lowest level since late June.

Asia leads equities bounce ahead of tech earnings

A lighter week of US macro data prints will shift the market’s attention to corporate earnings as stocks rebound from last week’s sell-off. Some 15% of S&P 500 companies are due to report third-quarter earnings figures this week, including SpaceX on Tuesday and Tesla and Meta on Wednesday. 

Tech-stock performance remains in focus after a major drawdown last week that