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Bitcoin rebounds near $84,000 despite South Korean stock selloff and weak ETF demand.

Market News
13 Oct 2026
Crypto news
View Source
Neutral
Bitcoin rebounds near $84,000 despite South Korean stock selloff and weak ETF demand.

Bitcoin's price recovered toward $84,000 on October 13, even as South Korean technology stocks plunged and the KOSPI index fell about 7.4% over the past week. Weak institutional demand for US spot Bitcoin ETFs, with $451 million in net outflows in October, and heavy sell orders near the $84,000 resistance level have limited further gains. Bitcoin's modest buying momentum and support near $82,000 suggest cautious optimism, but upcoming US inflation data and Federal Reserve policy decisions could influence its near-term direction. The cryptocurrency remains trapped in a trading range between $80,000 and $87,000 amid mixed market signals.

Bitcoin's recent price activity is presented here as market context. For readers following cryptocurrency trends, as of Oct 13, 2026 20:51 WIB, out of 50 major cryptocurrencies tradable on Pluang, 7 rose and 42 fell today. Notable movers include THETA at Rp3.688 with a 1-day change of -5.85%, ALGO at Rp2.150 down 5.83%, and NEO at Rp42.834 down 5.69%.

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