Trading is beginning the week cautiously, with bitcoin hovering slightly above $83,000 and gold sitting near $4,180 per ounce, both experiencing a decline of approximately -0.5%. Technology futures are showing minor losses, whereas WTI crude oil is climbing past $92 per barrel. Government bond yields are concurrently rising as bond values drop, succeeding a short-lived rebound late last week where TLT, the long-term U.S. Treasury exchange-traded fund, climbed over 2%. The greenback stays robust, with the DXY gauge holding over 102.4.
The primary macroeconomic milestone of the week is Wednesday’s United States consumer price index release. Yearly core inflation is projected at 2.5%, whereas overall headline inflation is anticipated to reach 3.7%, signaling an acceleration compared to the prior month.
IREN, which transitioned its operations from bitcoin mining toward artificial intelligence infrastructure, has finalized a multiyear cloud computing contract with AI enterprise Anthropic, as reported by The Information. Equities for IREN have climbed 4% in pre-market trading.
Originally published at https://www.coindesk.com/markets/2026/10/12/bitcoin-holds-usd83-000-as-dollar-strength-keeps-markets-on-edge.
