Bitcoin hits $83,335 then slips to $82,707 as short liquidations fuel 1.04% gain
- —Crypto market cap rose 0.83% to $2.76 trillion while trading volume fell 1.32%
- —BTC shorts liquidated for $45.7 million; market-wide shorts $171 million vs $125 million longs
- —Bitcoin futures open interest rose 4.3% during the Oct. 12–15 price decline
- —Fear and Greed index at 50 (neutral); BTC dominance at 60.1%
Why it matters: The rebound rests on short liquidations rather than spot buying, leaving its durability in doubt ahead of the Oct. 28 FOMC meeting.
Source: TokenPost