Bitcoin Rebounds Above $82,000 After Falling Below $80,000
Photo: TokenPost
Bitcoin (BTC) recovered to about $82,300 on Thursday, Oct. 15, after falling below $80,000 earlier in the session, capping a volatile day that also featured a sharp rise in U.S. producer prices and heavy derivatives liquidations. At 2:20 p.m. ET (18:20 UTC), BTC stood near $82,300. At noon ET (16:00 UTC), liquidations across the market totaled $937.06 million for the 24-hour period, including $787.18 million in long positions and $149.88 million in short positions. Bitcoin-specific liquidations totaled $214.66 million, with 80.5% coming from long positions. The U.S. Bureau of Labor Statistics released September’s Producer Price Index (PPI) at 8:30 a.m.
Source: TokenPost
