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Bitcoin rebounds above $82,000 amid $937M crypto liquidations and rising producer prices.

Market News
16 Oct 2026, 01:24 WIB
Tokenpost
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Bullish
Bitcoin rebounds above $82,000 amid $937M crypto liquidations and rising producer prices.

Bitcoin briefly fell below $80,000 but recovered to trade around $82,400 on October 15, amid $937 million in crypto liquidations over the past 24 hours. Most liquidations were long positions, indicating traders betting on price rises faced losses. This volatility coincided with the U.S. Producer Price Index report showing a 1.3% monthly increase and 6.3% annual rise, the largest since early 2022, signaling inflation pressures that could impact markets further.

Bitcoin trades at Rp1.477.205.897 on Pluang as of Oct 16, 2026 05:41 WIB, showing a modest 1.05% gain over the past day. Despite the recent volatility and significant crypto liquidations reported, Pluang users have maintained a strong buying interest with 62% of orders as buys. The typical hold time for Bitcoin on Pluang is 111 days, indicating a medium-term investment horizon among the platform's traders.

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