Tag: Bitcoin

Bitcoin briefly fell below $80,000 on October 15 for the first time in over a month before recovering above $82,000. Nearly $950 million in leveraged crypto positions were liquidated in 24 hours, with long positions accounting for over 90%. The sell-off followed U.S. September CPI rising to 3.7% year-over-year and an approximately 8% drop in South Korea’s Kospi index. Bitcoin briefly slipped below the $80,000 mark on October 15 for the first...

Bitcoin fell below $81,000, trading near $80,764 as of late Asian hours on October 15. Nearly $1 billion in leveraged positions were liquidated, with ether accounting for the majority of losses. U.S. CPI rose 3.7% year-over-year in September, hotter than expected, reviving rate hike concerns. Asian equities tumbled, with South Korea’s Kospi dropping over 7% and triggering circuit breakers. Bitcoin slid below the $81,000 level during Asian...