Bitcoin Falls Below $82K as $407M in Leveraged Bets Get Wiped Out
Bitcoin falls below $82,000 as tech stocks slide and crypto liquidations reach $407 million, with traders watching the $80,000 support.
Bitcoin falls below $82,000 as tech stocks slide and crypto liquidations reach $407 million, with traders watching the $80,000 support.
Chinese prosecutors seek confiscation of 61,800 Bitcoin linked to an alleged $5.7 billion fraud as victims pursue recovery through Chinese and UK courts.
Bitcoin ETFs attracted over $1 billion this week, but average daily inflows still trail levels seen during three previous steep BTC rallies.
Bitcoin volatility approaches a yearly low as BTC holds $80,000–$84,000, with K33 expecting larger moves as traders await the Fed decision and US midterms.
FINMA approves Switzerland’s first retail spot Bitcoin ETF under Swiss fund law, requiring custody safeguards and disclosures while warning of volatility.
Blockchain.com launches options on seven cryptocurrencies, with USDC-funded premiums, expiries up to one week, and no ability to close positions early.
Strive adds 4,045 BTC in a week, lifting its treasury to 36,818 BTC, as a new preferred stock offering targets $630 million before expenses.
Strategy buys 267 BTC for $22.1 million, lifting holdings to 848,517 BTC as preferred share repurchases, dividend costs, and potential index changes draw attention.
BlackRock files for the iShares Bitcoin Managed Protect ETF, seeking capped Bitcoin upside exposure and a level of downside protection through IBIT.
Bitcoin and Ether ETFs recorded $549 million in weekly outflows, while Ether’s October withdrawals reached $955 million.
Deutsche Bank plans to expand crypto custody into Asia in 2027, alongside ambitions for stablecoin conversion, tokenized deposits and digital securities.
Bitcoin rebounds near $82,000 after a brief dip below $80,000, while Zcash jumps 8% and Asian stocks recover. BTC faces resistance at $84,000.