Crypto News: Bitcoin Slides 3.42% to $80,599 as Liquidations Top $100 Million

• Bitcoin is trading at $80,599, a daily decline of 3.42%.

• BTC fell below $83,000 after higher U.S. inflation data and over $100 million in liquidations, according to CryptoSlate.

• The selling reduced overall market liquidity.

• Trading volume is lower than in September.

• Institutional ETF flows were net negative for October through October 13, as reported by Invezz.

• BTC’s daily range runs from $80,226.35 to $81,938.96.

Today’s crypto news centers on a sharp pullback. Bitcoin is trading at $80,599, down 3.42% on the day.

The drop followed higher U.S. inflation data and more than $100 million in liquidations across the crypto market.

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Crypto Market Data: Bitcoin Price Today

Key figures for BTC:

• Price: $80,599

• Daily change: -3.42%

• Daily range: $80,226.35 to $81,938.96

• Weekly range: $81,033.66 to $84,352.00

• Liquidations: over $100 million

• ETF flows, October through October 13: net negative

• Trading volume: lower than in September

Readers who follow crypto news and Bitcoin price action in real time can do so through the SpotX live stream.

Main News: Bitcoin Falls Below $83,000

Bitcoin faced renewed selling pressure as it moved below $83,000. The move followed higher U.S. inflation data and a wave of liquidations totaling more than $100 million, according to CryptoSlate.

The mix of macro pressure and forced unwinding reduced overall market liquidity and added to the session’s volatility.

Trading Volume and ETF Flows

Trading volumes declined compared with September. Institutional activity, as measured by ETF flows, was net negative for October through October 13, according to Invezz.

• Trading volume: down from September

• ETF flows (October through October 13): net negative

Traders who monitor crypto liquidations and ETF flows can follow live data through SpotX.

Summary: Crypto News Today

Bitcoin slid 3.42% to $80,599 after higher U.S. inflation data and more than $100 million in liquidations. ETF flows are net negative so far in October.

• Price: $80,599 (-3.42%)

• Daily range: $80,226.35 to $81,938.96

• Liquidations: over $100 million

• Volume: lower than September

• ETF flows: net negative through October 13

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