Scan with your phone to get the appBitcoin steadies near $81,700 as altcoins rebound, with Pepe climbing 13%
Bitcoin (BTC) traded around $81,700, up 0.5% since midnight UTC, while altcoins outperformed; Ether (ETH) rose 0.9% and the CoinDesk 80 (CD80) index added 0.7%, with the meme‑coin gauge up 2.9%.
The rebound follows Thursday’s tech‑driven sell‑off that saw the Nasdaq Composite drop 2.6%, its steepest decline since June. Asian markets steadied, with South Korea’s Kospi up 0.3%, China’s CSI 300 up 1.7% and Japan’s Nikkei 225 down 0.25%.
Traders now look ahead to the Fed’s Oct. 27‑28 meeting, while Brent crude hovered near $113, keeping inflation concerns alive. U.S. spot Bitcoin ETFs saw $635 million withdrawn on Thursday after more than $1 billion of inflows in the first three days of the week, according to SoSoValue data.
Summary rewritten by AI from the original article by CoinDesk.
BTC price around the news
Dashed line: news time ($81,667.87) Now: $81,165.16 -0.62%
Related coins
BTCBitcoin
$81,165.20
+1.52% 24h
-0.62% since the news
Set a price alert
PEPEPepe
$0.054976
+16.03% 24h
Set a price alert
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Summary and rating written automatically by the AI of CoinXview from the original article; it may be incomplete or wrong — read the original for details. Not investment advice.