CryptoMedium•13 October 2026•
1 min read
Bitcoin Reclaims $83,000 Level Despite $800 Million in Crypto Liquidations
Key Facts
1Bitcoin price recovered above $83,000 after briefly dipping below the $81,000 level.
2Crypto-futures liquidations exceeded $800 million over a 24-hour period.
3South Korea's KOSPI index closed 5.5% lower, driven by a slump in chip stocks.
Bitcoin price recovered above the $83,000 level after briefly dipping below $81,000, Altcoin Buzz reported. This rebound occurred as crypto-futures liquidations exceeded $800 million over a 24-hour period, with recent data showing a shift toward short-position liquidations as the price climbed back.
Bitcoin's performance decoupled from traditional equity markets, as South Korea's KOSPI index closed 5.5% lower on October 13, 2026, pressured by a slump in semiconductor stocks. While US spot Bitcoin ETFs recorded net outflows of $65 million on Monday, the cryptocurrency maintained a market dominance of 60% as the Dollar Index held near 102.50.