Bitcoin Nears $80,000 as Asian Tech Stocks Slide
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Bitcoin traded around $81,200 after dipping to $80,154, while steep losses in Asian technology stocks added to a broader market downturn.
Bitcoin was trading at roughly $81,200 at 5 a.m. Eastern time on Oct. 15, 2026, according to Bitcoin.com News. It had earlier touched $80,154, bringing the $80,000 level into focus.
Technical signals were mixed. Short-term moving averages pointed to continued weakness, although longer-term indicators offered a somewhat more supportive picture.
The cryptocurrency’s decline came amid sharp losses in Asian technology shares. South Korea’s Kospi fell almost 8%, underscoring the pressure across regional equity markets.
Source: Bitcoin.com News
