Top World News — October 13, Update
Markets turned lower overnight as Bitcoin slid below $82,000, while the Saudi front stayed quiet and oil held steady after Monday’s settlement. Here are the key overnight developments.
Bitcoin slides below $82,000, falling $850 in two hours
Bitcoin dropped to $81,841.97, down 2.26% from its previous close of $83,733.33 — a slide of roughly $850 in two hours that set a new lower handle inside the $81,750.09 to $84,352 range. Ether held near $2,512 and XRP near $1.41, with no new institutional or regulatory developments in the window. New detail from tradingnews.com puts Strategy’s recent 250 BTC buy in context: the October 5–11 purchase, worth $21.5 million at an average of $86,194, was the firm’s smallest of 2026. In the same period, the company directed $192.4 million to buybacks of its STRC preferred shares — about nine times what it spent on Bitcoin.
Saudi front quiet; Riyadh airport closure stands to October 17
No new kinetic events were reported on the Saudi front since Monday’s interception of three Houthi ballistic missiles — one over Riyadh and two over Khamis Mushait. The latest updates from CNN, Al Arabiya and NDTV recapped those Monday events and Sunday’s earlier strikes, with nothing new. The King Khalid International Airport NOTAM closure remains in force until at least October 17, with several hundred flights cancelled, keeping pressure on air freight and insurance costs.
Oil steadies; no new tariff moves
No new oil data emerged in the overnight window, leaving Monday’s official settlement as the marker: Brent at $106.65 a barrel and WTI at $93.74. On trade, no new tariff moves between China and the US or the UK surfaced.
Market snapshot: Bitcoin $81,841.97 (down 2.26%), Ether around $2,512 and XRP around $1.41. Oil settled Monday at Brent $106.65 and WTI $93.74; gold stood at $4,165.80. Next catalysts: US CPI on Wednesday, October 14 (expected around 3.6–3.7%), alongside the XRPN closing-bell ceremony; US PPI on October 15; the EU summit on October 15–16; the Federal Reserve’s FOMC meeting on October 28; and the US midterm elections on November 3.