With the U.S. dollar index (DXY) soaring to an 18-month high, Bitcoin’s selling pressure is becoming more and more intense. At press time, the leading cryptocurrency is changing hands around $82,490, shedding 1.62% in the last 24 hours. Further, Bitcoin has shed 4.61% over the past week, and its market valuation sits near $1.65 trillion.
Bitcoin Price Stalls Near $83K as Bears Test Market’s Resolve Bitcoin’s price is caught in a technical tug-of-war, hovering around $83,000 on Monday, Oct. 12, 2026, as short-term weakness clashes with a longer-term recovery that has yet to unravel. With a market capitalization near $1.673 trillion and approximately $23 billion in daily trading volume, bitcoin
Chainlink partners with DTCC to enhance collateral management systems, marking a significant shift in financial infrastructure. Dan Doney, CTO of DTCC, stated that this new mobile collateral system allows any asset to be managed across jurisdictions at any time. This innovation promises to streamline asset management and improve operational efficiencies, potentially reshaping how financial transactions
Bitcoin needs to stop competing with AI for attention. If the case for owning it still depends on being the most exciting bet on the future, then years of institutionalisation have done less than crypto likes to admit. For years, that asset had a very convenient advantage. It gave investors tech, finance, rebellion and the
Bitcoin has rebounded above $83,000, according to ViaBTC’s Jeff Ko, as analysts have identified a drop below $80,000 or a recovery toward $86,000 as possible outcomes of this week’s U.S. inflation report. Jeff Mei, chief operating officer at BTSE, told crypto.news that ETF withdrawals and uncertainty over Wednesday’s U.S. Consumer Price Index report could bring
The Bank of Korea has ruled out directly operating stablecoin businesses, with Governor Hyun Song Shin telling lawmakers on October 12 that private companies should handle their issuance and operations while the central bank continues developing its institutional digital currency system. During a parliamentary audit held at the Bank of Korea headquarters in Seoul, Shin
Anseta’s recent integration into the Cosmos Partner Network signifies a major step toward enhancing digital asset initiatives. The partnership, highlighted by a tweet from @cosmos, supports financial institutions in accelerating their tokenization strategies. This move underlines the growing importance of collaboration in the crypto space as institutions seek to innovate. The Latest In the past
Bitcoin recovered above $84,000 on Monday, rebounding from a sharp correction that briefly pushed its price below $81,000 last week. Ethereum and $XRP also regained ground, reclaiming $2,500 and $1.40. The recovery lifted the three major cryptocurrencies, although Bitcoin’s momentum indicators suggest the rebound has yet to develop into a decisive breakout. However, substantial withdrawals
Bitcoin ($BTC) remains in a mixed technical position below $84,000, with improving short-term buying interest meeting resistance as institutional demand and macroeconomic uncertainty weigh on sentiment. Recent withdrawals from US spot Bitcoin exchange-traded funds have reduced buying support from those products. Higher Treasury yields and tensions in the Middle East are also influencing investors’ appetite
What Actually Got Liquidated? Nearly $140 million in shorts were liquidated as bitcoin confirmed a weekly close above $83,000. Hours earlier, a heatmap shared by Kook Capital showed about $95 million in shorts wiped out as $BTC knocked on $84,000. That chart put bitcoin liquidations at $26.34 million, with 93.3% of them shorts. Ether shorts