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Daily Market Update Oct 24: Crypto Loses $140 Billion in a Week as Oil Nears $120 and Iran Tensions Rise
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Daily Market Update Oct 24: Crypto Loses $140 Billion in a Week as Oil Nears $120 and Iran Tensions Rise

The crypto market has shed about $140 billion in value this week, while oil prices push toward $120 a barrel and tensions between the US and Iran keep climbing. Bitcoin felt the pressure on Friday, briefly sinking under $81,000 as US markets opened. It touched $80,988 before recovering to around $81,600. Altcoin Prices Today: Most …

Guylian
By Guylian

Senior Author · October 24, 2026

2 min
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🛢️WTI Crude
+3.4% ▲
★Gold
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₿Bitcoin
-1.8% ▼
$DXY
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This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

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About the author

Guylian
Guylian

Covers Bitcoin, on-chain data and market structure. Breaks down what the charts and wallet flows are actually saying, without the hype.