Bitcoin falls to $81,000 as nearly $1 billion in crypto bets liquidated

AI-generated briefing · First published

Bitcoin slid about 3% to roughly $81,000 and ether dropped more than 6% after hotter-than-expected inflation data raised uncertainty over the next Fed rate move.

Bitcoin fell about 3% to roughly $81,000 and ether dropped more than 6% as traders reacted to a hotter-than-expected inflation report that briefly lifted bets on an October Fed rate hike. [1] [2] [4]

Nearly $1 billion in leveraged crypto positions were liquidated in the past 24 hours, with ether accounting for almost 60% of the total; bitcoin futures saw about $197 million closed and ether futures about $286 million. [3] [4]

Sources

  1. Live updates: Bitcoin falls back to $82,000 after inflation rises more than forecast

    CoinDesk · · Summary only

  2. Bitcoin wilts as Fed rate uncertainty weighs. Kospi plunges 8%

    CoinDesk · · Summary only

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

    CoinDesk · · Summary only

  4. 比特币跌至81000美元左右

    Sina Finance · · Full text

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