Bitcoin Rebounds Above $82,000 as Major Tokens Post Mixed Moves
Bitcoin briefly fell below $80,000 before recovering above $82,000, while Ethereum, XRP and Solana also gained and Dogecoin slipped. The moves came as markets digested hot inflation readings and increased rate-hike odds.
Leading cryptocurrencies held on to their gains on Thursday as the market digested back-to-back hot inflation readings and higher chances of rate hikes. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:24 p.m. EDT) Bitcoin (CRYPTO: BTC) +0.80% $82,256.82 Ethereum (CRYPTO: ETH) +1.00% $2,437.72 XRP (CRYPTO: XRP) +0.70% $1.33 Solana (CRYPTO: SOL) +1.20% $105.38 Dogecoin (CRYPTO: DOGE) -0.20% $0.0813 Crypto Market Holds Steady Bitcoin briefly sank below $80,000 earlier today before bouncing strongly to reclaim $82,000. Ethereum rebounded from support at $2,320 to consolidate in the $2,400 region.
Cryptocurrency-related stocks also lifted, with Strategy Inc. (NASDAQ: MSTR ) and Bitmine Immersion Technologies Inc. (NYSE: BMNR ) closing up 5.62% and 4.99%, respectively. More than $830 million was wiped out in crypto liquidations over the past 24 hours, including $664 million in long positions, according to Coinglass data.
Bitcoin open interest dropped 0.21% over the past 24 hours and has fallen more than 14% since the cryptocurrency last traded at highs of $87,000. That said, “Greed” sentiment prevailed in the market, according to the Crypto Fear & Greed Index. Top Gainers (24 Hours) Cryptocurrency Gains +/- Price (Recorded at 9:24 p.m. EDT) Akedo (AKE) +19.80% $0.03204 Injective (INJ) +14.70% $8.72 Starknet (STRK) +14.60% $0.08768 The global cryptocurrency market capitalization stood at $2.861 trillion, up 0.70% in the last 24 hours.
Read Also: Hunter Biden Says Crypto Is ‘Hostage to Donald Trump’ Stock Market Recovers Stocks staged a sharp rebound on Thursday. The Dow Jones Industrial Average jumped 556.21 points, or 1.08%, to end at 52,177.69. The S&P 500 rallied 0.33% to close at 7,744.06. The Nasdaq Composite gained 0.08% to finish at 26,713.03.
U.S. producer prices rose 6.3% year over year, the biggest gain since 2022 and above the 5.5% economists expected. The odds of a rate hike in December rose from 62.2% to 67.4% over the last 24 hours, according to the CME FedWatch tool. Yields on the 10-year Treasury Note rose 2.2 basis points to 5.09%, while yields on the 30-year Bond increased by 0.017% to 5.42%.
Encouraging Trend for BTC Bulls? Michaël van de Poppe, a widely followed cryptocurrency analyst and trader, remained “bullish” on Bitcoin, stating that the price holding above a key support block, with the upper range around $81,000, keeps the outlook “fine.” “Even a sweep at $74,800 would be okay, but obviously, much rather you don’t want to see that occur,” the analyst added. Above this block, everything is fine for #Bitcoin. Even a sweep at $74,800 would be okay, but obviously, much rather you don't want to see that occur.
As price is still trading above, I'm remaining bullish. pic.twitter.com/4q6E6DUR0E — Michaël van de Poppe (@CryptoMichNL) October 15, 2026 On-chain analytics firm Santiment reported that wallets holding 10 BTC-10,000 BTC—the cohort that has historically correlated with Bitcoin’s future price direction—reached a new all-time high. “That makes the trend encouraging for BTC bulls. Price can still move lower short term, but persistent growth among Bitcoin’s most influential wallets creates a healthier setup for future upside if accumulation continues,” Santiment stated.
🚨 Bitcoin’s Strongest Stakeholder Signal Is Climbing Again 🐋 Bitcoin’s key stakeholder wallets keep multiplying. There are now 20,338 wallets holding 10 to 10K BTC, an all-time high after climbing sharply since mid-July despite plenty of BTC price volatility. 📈 This cohort… pic.twitter.com/U7X5DD825K — Santiment Intelligence (@SantimentData) October 15, 2026 Read Also: Bitcoin Wins Whether AI Booms or Busts, Bitwise Exec Says: ‘All Roads Lead to Bitcoin’ Photo Courtesy: Sodel Vladyslav on Shutterstock.com