Why is the crypto market down today? Bitcoin traded near $80,650 on October 24, 2026, while Ethereum hovered around $2,375, XRP near $1.28, and Solana close to $102. Although Bitcoin slipped roughly 1% over 24 hours, several major altcoins fell faster. The weakness appears to reflect overlapping pressures rather than one decisive headline: expensive oil, cautious institutional positioning, and leveraged selling. How Are Oil Prices Affecting Bitcoin? Brent crude remained above $100 a barrel in the reported market snapshot, having