Bitcoin briefly dips below $80,000 amid South Korean stock rout and US inflation data

AI-generated briefing · First published 2026-10-16 09:00:38 UTC

Bitcoin fell to $80,154 on Thursday, its lowest in three weeks, as South Korea’s KOSPI plunged 7.5% and US inflation data exceeded forecasts.

Bitcoin fell to $80,154 on Thursday, its lowest in three weeks, as South Korea’s KOSPI plunged 7.5% and US inflation data exceeded forecasts. [2] [4] [5] [6]

Ether accounted for nearly 60% of nearly $1 billion in crypto liquidations, falling roughly twice as much as bitcoin. [1]

Bitcoin rebounded to $82,500 within two hours of the dip, while South Korean chipmakers also recovered. [3] [7]

Sources

1. Nearly $1 billion in crypto bets liquidated as bitcoin, ether and XRP slide

   CoinDesk · 2026-10-15 04:25:15 UTC · Summary only

2. Bitcoin dips to $80.1K as KOSPI closes at its lowest since April

   Cointelegraph · 2026-10-15 09:48:07 UTC · Full text

3. Live updates: Bitcoin bounces back to $82,000 after first fall below $80,000 in one month

   CoinDesk · 2026-10-15 10:16:15 UTC · Summary only

4. Bitcoin holds above $80,000 as Asian stock rout drags altcoins lower

   CoinDesk · 2026-10-15 10:52:11 UTC · Summary only

5. Bitcoin Briefly Dips Below $80,000 as Volatility Roils Markets

   Bloomberg · 2026-10-15 14:59:27 UTC · Summary only

6. Bitcoin slips under $80K after US PPI gains most in four years

   Cointelegraph · 2026-10-15 15:10:44 UTC · Full text

7. Bitcoin buyers snap up a brief drop below $80,000 as Asian stocks rebound

   CoinDesk · 2026-10-16 04:14:22 UTC · Summary only

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