Crypto markets saw $957.77 million in liquidations on October 15, with long positions accounting for 91.7% of the total. Bitcoin has lost its $83,000 support level and is now testing $80,000, facing a downside risk to $78,000 if further selling occurs. BTC liquidations reached $203.01 million, while Ethereum represented the largest share at $292.83 million. US inflation data came in hotter than expected, with CPI at 3.7% year-over-year in September, adding pressure on optimistic traders. A 21Shares analyst believes Bitcoin could recover toward $85,000 if the macroeconomic environment becomes clearer.
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