Markets· ★★★· bearish·

Bitcoin resumes Nasdaq correlation as macro pressures threaten $82,500 support

  • —Two-week BTC and Nasdaq returns are now nearly equal
  • —Average daily spot BTC volume fell 1% to $2.5 billion
  • —IBIT options open interest hit 434,922 BTC, about 54% of its AUM
  • —Deribit's options OI share dropped from 70% to 43%
Why it matters: Renewed tech-stock correlation leaves BTC exposed to late-October macro events, with a break of $82,500 opening the low $70,000s.
Source: FXStreet Crypto