Markets· ★★★· bearish·

Bitcoin slips below $81,000 again as Nasdaq falls

  • —Bitcoin broke below $81,000 around 19:18 CET, with a daily low near $80,804
  • —The Nasdaq Composite was down about 1.37% at the same time
  • —US import prices rose 1.1%, CPI 0.6% m/m and PPI 1.3%
  • —CoinGlass flagged a liquidation risk zone near $81,500
Why it matters: Pressure on risk assets and expectations of a hawkish Fed could keep bitcoin below $81,000 until the October 28 meeting.
Source: Crypto Insiders