Bitcoin price drops below $81K as analyst warns of fall to $65K 

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Bitcoin has fallen below $81,000 on October 15, losing more than 3% in 24 hours as hotter U.S. inflation data, falling Asian stocks, and approximately $483 million in Bitcoin and Ethereum futures liquidations weighed on cryptocurrency markets. Summary Bitcoin fell below $81,000 on October 15 as U.S. inflation concerns triggered another market selloff. CoinGlass data showed roughly $483 million in Bitcoin and Ethereum futures liquidations over 24 hours. Ethereum accounted for $286 million in liquidations, exceeding Bitcoin’s reported $197 million during the period. U.S. September inflation reached 3.7%, while South Korea’s Kospi fell 8% during Thursday morning trading. Analyst Crypto Patel identified $80,108 as critical support, warning of potential declines toward $65,000 afterward. CoinGecko reported Bitcoin trading near $80,664 during Thursday’s Asian session, down 3.21% over the previous 24 hours and 2.53% over seven days. The cryptocurrency recorded approximately $40.43 billion in daily trading volume and a market capitalization of $1.62 trillion. Meanwhile, derivatives data showed that Ethereum traders faced heavier forced liquidations than Bitcoin traders during the same peri...

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