Bitcoin was trading around $81,600 on Sunday morning, after oscillating between $79,700 and $84,400 since the start of the week. Wall Street just posted its worst week since June, with the Nasdaq losing 4.5% over five sessions and the S&P 500 closing at 7,659 points, down 1.9% for the week. The VIX volatility index surged 21% on Friday to nearly 20 points, while WTI crude oil exceeded $101 per barrel. Some $929 million in positions were liquidated in 24 hours on Thursday, including $777 million in long bets, which has already partially purged market leverage. The first test for cryptocurrencies will come Sunday at midnight Paris time, when US futures reopen.
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