What changed
Bitcoin registered an intraday low of $79,730 before recovering to around $82,000 as surging US wholesale inflation intensified a cryptocurrency selloff that triggered nearly $940 million in liquidations Bitcoin’s $100,000 dream slips away as $939 million crypto wipeout pushes traders toward $78,000 This price action extended losses as stronger-than-expected inflation data raised concerns about another interest rate hike by the Federal Reserve
Why it matters
Macro positioning around BTC can change volatility, liquidity, or sentiment. The concrete detail to watch is bitcoin registered an intraday low of $79,730 before recovering to around $82,000 as surging US wholesale inflation intensified a cryptocurrency selloff that triggered nearly $940 million in liquidations
Trading lens
Use this as defensive context from cryptoslate.com. Watch whether bitcoin’s $100,000 dream slips away as $939 million crypto wipeout pushes traders toward $78,000 confirms momentum, invalidates active bias, or changes timing.