Bitcoin Rebounds to $83,700 Following $771 Million Liquidation Wave

Key Facts

1Bitcoin price recovered approximately $2,500 to trade near $83,700 following a massive liquidation wave.

2The crypto market saw total liquidations reaching $771 million during the recent wave.

3Markets are awaiting the release of U.S. inflation data for September tomorrow.

Bitcoin price recovered approximately $2,500 to trade near $83,700 following a massive liquidation wave in the digital asset markets. unchainedcrypto.com reported that total liquidations reached $771 million during the recent volatility, representing a significant flush-out of leveraged positions before the price stabilized.

The recovery occurs as markets await the release of U.S. inflation data for September tomorrow, October 14, 2026. Analysts attributed the preceding slide to macroeconomic pressure and softer institutional demand, noting that the $83,000 level remains a key technical pivot for the cryptocurrency on both daily and weekly timeframes.