Ether also retreated 6% to $2,358, while Asian indices including the Kospi fell 7.6% in morning sessions. Prediction markets on Kalshi now assign a 40% probability that Bitcoin will drop below $75,000 by the end of October, and some traders believe prices are being pinned by a large IBIT options expiry scheduled for Friday.
Tuesday, October 20, 2026
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Bitcoin Returns Above $82,000 After Falling Below $80,000
Crypto6 days ago
Forced liquidations across the crypto market reached $900M on Oct. 15 during a period of intense price volatility. Bitcoin recovered to trade above $82,000 on Thursday afternoon, reversing a morning plunge that had’briefly pushed the price under $80,000 and’hit an intraday low of $80,154. The turmoil was triggered by hotter than expected US inflation data and a selloff in chip stocks, causing investors to shift toward lower-risk assets.
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