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Bitcoin consolidates near $82.5K as crypto weathers Ledger theft reports

Bitcoin consolidates near $82.5K as crypto weathers Ledger theft reports

$BTC price rebounds to $83,000 despite Ledger theft reports

Data from TradingView showed $BTC/USD hovering around the key $82,500 support level on Friday.

$BTC/USD one-hour chart. Source: Cointelegraph/TradingView

After dropping to $80,350 on Thursday, $BTC/USD saw fresh buyer interest as rolling 24-hour crypto liquidations passed $1 billion.

The latest data from CoinGlass showed spot price cutting through ask-side liquidity on exchange order books, with that liquidity thickening around $84,000.

$BTC liquidation heatmap. Source: CoinGlass

US stocks opened higher Friday as technology shares rebounded from selling earlier in the week. The recovery included the tech-heavy Nasdaq Composite Index, which CNBC reported had come under…

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