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Bitcoin tops $83,000 as $195M in crypto shorts liquidate amid rising market optimism

Market News
21 Oct 2026
Tokenpost
View Source
Bullish
Bitcoin tops $83,000 as $195M in crypto shorts liquidate amid rising market optimism

Bitcoin surged above $83,000, reaching an intraday high of $83,439, while Ether climbed to $2,478. Over $279 million in crypto derivatives were liquidated in 24 hours, with short positions making up nearly 70% of the total. The Crypto Fear and Greed Index rose to 63, indicating growing market greed and optimism. This momentum reflects strong investor confidence despite mixed U.S. stock market performance, suggesting potential continued gains in crypto assets.

As of Oct 21, 2026 19:51 WIB, Bitcoin trades on Pluang at Rp1.500.000.000 with a 1-day gain of 1.82%. Despite the recent surge above $83,000 reported in the news, Pluang data shows a steady increase with a market cap of Rp30.194,72 trillion and a 24-hour trading volume of Rp473,81 trillion. Investor activity on Pluang leans more towards selling, with 66% of orders as sell and 34% as buy, while typical hold time is 112 days, indicating a mix of short-term and longer-term positions.

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