Bitcoin holds $83,488 as weak bank earnings and chip selloff weigh on markets
- —Bitcoin at $83,488 (+0.87%), resistance at $83,800–84,254
- —S&P 500 -0.16%, Nasdaq -0.20% after JPMorgan and Wells Fargo results
- —KOSPI plunged 5.5% on CXMT plans; SK Hynix and Seagate fell 6%
- —About $150 million exited bitcoin and Ethereum ETFs
Why it matters: A close above $84,000 opens the path to $93,000, while a break below $82,500 would extend losses toward $81,000.
Source: Blockmedia
More on this
Markets · Sep 29Bitcoin holds at $84,117 as analysts weigh $100,000 scenario amid gold selloff
Markets · yesterdayBitcoin slides to $81,850 as US tech weakness and rising oil weigh on risk assets
Markets · Oct 8Zcash drops nearly 8% as ETF outflows and hawkish Fed signals weigh on crypto