Here is the late-night roundup for Tuesday: Gulf equities slid on renewed Houthi-related nerves, Bitcoin reclaimed $82,000 with a fresh wave of ETF buying, and oil pulled back from an intraday peak that touched five-month highs.
Gulf stocks fell after Houthi claims
Saudi Arabia's TASI dropped 1.1 percent on Tuesday as lenders weighed it down: Al Rajhi Bank fell 1 percent, Saudi National Bank lost 1.5 percent, and Aramco slipped 0.2 percent. Qatar's index sank 0.7 percent to a six-year low as Qatar National Bank fell 1.1 percent, while Dubai eased 0.3 percent, according to Reuters. The selling followed fresh Houthi claims, and Cirium data showed more than 45 percent of Saudi airport departures cancelled since October 8, keeping business sentiment fragile across the Gulf.
QCP Capital warns of $80,000 Bitcoin support test
QCP Capital cautioned that sustained equity weakness could transmit to crypto and threaten Bitcoin's $80,000 support level. The note added that Monday's $526.6 million spot-ETF inflow was "encouragement for bulls, though demand remains concentrated" — BlackRock's IBIT drew $665 million while Fidelity and Grayscale saw withdrawals, per CoinDesk's daybook.
Bitcoin rallies back above $82,000
Bitcoin traded around $82,847, up about 1.2 percent, recovering from the $81,400–82,000 range seen earlier in the day and retaking the $82,000 mark. Ether held near $2,410–2,430 with no fresh catalyst in view, based on Finnhub's live data.
Market snapshot
Oil retreated late Tuesday: front-month WTI slipped 0.3 percent to $103.32 and front-month Brent eased 0.2 percent to $109.36, off an intraday peak near $111.30 that marked a 13.7 percent monthly gain and the highest close since May 19. The more liquid December WTI held near $100.6–100.7, ING said the market is pricing in a significant risk premium, and Kpler put seven-day Hormuz flows at 82 percent of baseline, according to WSJ's market wire.
