Markets· ★★★· bearish·

Bitcoin slides to $81,850 as US tech weakness and rising oil weigh on risk assets

  • —BTC down 2.15% to $81,850 on Binance, 1.56% lower on Upbit
  • —ETH -3.28% to $2,450.72, XRP -4.61% to $1.34
  • —24-hour liquidations hit $485 million, $106.59 million in BTC, 86.3% longs
  • —Nasdaq 100 -0.7%, chip index -2.7%, Brent +1.8%
Why it matters: Traders await US CPI on Oct. 14, with tech weakness and costly oil raising the risk of Fed tightening and further crypto pressure.
Source: Blockmedia