Morning Edition · Tuesday, October 13, 2026Published at 1:42 AM EDT · New York

Bitcoin Briefly Falls Below $82,000 and Forces About $120 Million of Long Liquidations Before Recovering Above $83,000

Traders hold put options at $76,000 to $80,000 ahead of Wednesday's US inflation report. Strategy's latest purchase averaged $86,194 per bitcoin, above where bitcoin now trades.

Bitcoin fell below $82,000 late on October 12. About $120 million of leveraged long positions were liquidated in 15 minutes. Cointelegraph counted more than $123 million liquidated in an hour, $119.78 million of it in longs. By early Asian…