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Bitcoin hits $83,470 before dropping amid largest short liquidations since Oct 2

Market News
23 Oct 2026
Tokenpost
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Bullish
Bitcoin hits $83,470 before dropping amid largest short liquidations since Oct 2

Bitcoin (BTC) surged to $83,470 on October 22 but then fell back to $82,085 during a significant wave of short liquidations, the largest since October 2. This sharp market movement indicates increased volatility and active trading dynamics in the cryptocurrency market. Investors should watch for further price fluctuations as market reactions to liquidations continue.

Bitcoin's recent price surge and pullback provide context for cryptocurrency market activity. For readers following crypto, here is Pluang's market snapshot as of Oct 24, 2026 01:31 WIB: out of 50 major cryptocurrencies priced on Pluang, 43 rose and 6 fell today. Notable movers include LUNC (Terra Classic) at Rp0,841 with a 3.57% gain and a 76% buy order activity, YFI (Yearn) at Rp39.837.602 up 3.00% with 67% buy orders, and UNI (Uniswap) at Rp129.204 rising 2.60% but with a slight majority of sell orders at 52%.

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