Bitcoin’s $80,000 buy wall hides a liquidation trap that could send prices toward $78,000

Bitcoin registered an intraday low of $81,514.28 on Oct. 14 as September CPI came in hotter than forecast, with headline inflation at 3.7% year over year against 3.6% expected and core at 2.6% against 2.5%. Glassnode's latest on-chain data suggests a calmer holder base than the price action. The harder test sits near $80,000, where… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Key Takeaways
- Bitcoin registered an intraday low of $81,514.28 on Oct.
- 14 as September CPI came in hotter than forecast, with headline inflation at 3.7% year over year against 3.6% expected and core at 2.6% against 2.5%.
- Glassnode's latest on-chain data suggests a calmer holder base than the price action.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3

US Becomes Bitcoin Net Importer Again, Says Chainalysis
The U.S., a global supplier of USD-pegged stablecoins, has once again “imported” more bitcoin than it “exported,” becoming a net importer for the first time since 2022, according to blockchain analysis firm Chainalysis. The firm reached this conclusion by…

EBA designates Circle’s USDC as the EU’s first ‘significant’ e-money token
The EBA classified Circle’s USDC as the EU’s first "significant" e-money token, with new supervisory responsibilities beginning Nov. 12.

Bitcoin holds above $80,000 as Asian stock rout drags altcoins lower
Bitcoin fell to just above $80,000 as South Korea’s Kospi plunged 8%, while the CoinDesk 80 fell 2.2% and all but six CoinDesk 100 members declined.