BTC Daily Wire
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Altcoins lead crypto declines as Asian stocks drop; bitcoin little changed since midnight

Altcoins lead crypto declines as Asian stocks drop; bitcoin little changed since midnight
Photo: CoinDesk

BTC when published $81,161Now $80,577 ▼ −0.72% since it was published

Bitcoin BTC $80.955,28 is trading at $81,200, down around 0.5% since midnight UTC after trimming a 1% loss from earlier in the session, with buyers stepping in just above $80,000 at around 02:30 UTC, close to the Oct. 8 low of about $80,300. Asian equities set the tone, with South Korea’s Kospi plunging 8% and triggering circuit breakers while Nasdaq 100 index futures slid about 1%, extending Wednesday’s 1.9% drop in the Nasdaq Composite. Altcoins took the heavier losses, with ether ETH $2371,76 down 2.0% near $2,370. The CoinDesk 80 (CD80) slid by 2.2% while the bitcoin-dominant CoinDesk 5 (CD5) lost around 0.7%.

First reported by CoinDesk. This page is a short excerpt; the full text is theirs.

Read the full story at CoinDesk (opens in a new tab)

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