Global Stock News

🚨 $BTC briefly breaks below $80K as $800M+ in crypto liquid

🚨 $BTC briefly breaks below $80K as $800M+ in crypto liquid

🚨 $BTC briefly breaks below $80K as $800M+ in crypto liquidations hit over the weekend.

Bitcoin dipped under $80,000 amid thin weekend liquidity, wiping out mostly long positions (CoinGlass data). It has recovered toward ~$80.5K, but pressure remains ahead of the Fed’s Oct 27-28 meeting amid elevated oil prices and macro uncertainty.

Leverage is still fragile — a hawkish hold or hike signal could accelerate downside, while any dovish tone might spark a sharp bounce.

Will $BTC defend $80K into FOMC, or is more deleveraging coming?
#NK10 #Bitcoin #Crypto #BTC

Source link

Share this article

Scroll to Top