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Bitcoin dips to $81,400 amid Asian chip stock selloff and bearish options trading

Market News
20 Oct 2026
Coindesk
View Source
Bearish
Bitcoin dips to $81,400 amid Asian chip stock selloff and bearish options trading

Bitcoin fell 0.5% to around $81,400 despite a $526.6 million inflow into U.S. spot bitcoin ETFs, the largest in nearly a month. The drop coincided with a 3.7% fall in South Korea's Kospi index, driven by declines in chipmakers SK Hynix and Samsung amid AI spending concerns. Options traders showed a bearish bias, buying more puts than calls for downside protection. Meanwhile, altcoins and DeFi tokens also declined, reflecting broader market caution.

As of Oct 20, 2026 17:31 WIB, Bitcoin trades on Pluang at Rp1.468.656.016, down 0.67% in the past day. Market activity shows a slight selling bias with 56% of orders to sell and 44% to buy, while typical hold time remains 112 days. The market cap stands at Rp29.387,3 trillion, highlighting Bitcoin's significant presence despite recent price dips.

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Bitway drops 15.57% while Worldcoin gains 10.61% among top cryptocurrencies.

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