Bitcoin rebounds from near $80,000, while South Korean stock market tumbles 8%
2026-10-15 18:55:26
CoinMeta data: Bitcoin rebounded near $80,000 and is currently trading at $81,200, down about 0.5% from midnight UTC. At 02:30 UTC, buyers entered the market above $80,000, approaching the low of $80,300 seen on October 8th. Asian stock markets were weak, with South Korea's KOSPI index plummeting by 8%, triggering the circuit breaker mechanism, while NASDAQ 100 index futures fell by about 1%. Meanwhile, other altcoins experienced even greater declines; Ethereum (ETH) dropped by 2.0% and is currently near $2,370. The CoinDesk 80 index fell by 2.2%, while the CoinDesk 5 index, which is dominated by Bitcoin, fell by about 0.7%. The volatility of smaller-cap tokens in the market was more pronounced, with Pump.fun tokens falling by 9.4%. According to CME's FedWatch, the probability of a Fed interest rate hike in October has risen to nearly 47%.
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Source:CoinDesk
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