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Mmastodon BusinessCrypto first seen 1 d ago, last 1 d ago, peak #6

Bitcoin falls below key support as stocks attempt recovery

Original: Bitcoin closes below key support as stocks try to recover from tech sell-off Bitcoin started the third week of October a

Bitcoin began the third week of October trading around $82,000 after closing the week below a key support zone, extending pressure on the cryptocurrency market. Meanwhile, KOSPI and S&P 500 futures rebounded as investors awaited major tech earnings, with equity markets trying to recover from a recent technology-led sell-off.

Why now: Traders are watching whether Bitcoin's breakdown below support signals deeper crypto weakness while equity markets stabilise ahead of tech earnings.

BitcoinS&P 500KOSPI

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