Bitcoin keeps up pressure on $84K as US stocks skirt Korea tech sell-off
Bitcoin price action preserved overnight gains as US stocks quickly rebounded after opening lower on the back of Korea’s tech-stock rout.
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Bitcoin price action preserved overnight gains as US stocks quickly rebounded after opening lower on the back of Korea’s tech-stock rout.
Bitcoin’s liquidity kept BTC price below $84,000 amid a mounting South Korean tech and semiconductor stock sell-off.
Bitcoin price action stayed rangebound after failing to sustain above $84,000 into the Wall Street open on rising oil prices.
Bitcoin traders braced for inflation-based volatility after BTC price action preserved key weekly support around $82,500.
Bitcoin and crypto markets eyed a recovery from Thursday’s drop despite concerns of another hardware wallet exploit.
Bitcoin dipped below $81,000, sparking mass crypto liquidations as traders sent BTC to exchanges at a loss.
Bitcoin ETFs lost $244 million on Thursday, while Ether funds extended their outflow streak to eight sessions, shedding $641 million.
Bitcoin dipped below $81,000 and oil prices gained after reports that military confrontation between the US and Iran could return.
Bitcoin’s realized cap rise in the 30 days to Oct. 5 came mostly from existing holders, not fresh capital, Glassnode data showed.
NEAR climbed into the top 20 cryptocurrencies by market capitalization, as NEAR Intents surpassed $31 billion in cumulative transaction volume.
