By Isaac • October 16, 2026 3:14 pm •
Bitcoin found its footing near $82,000 on Friday, but the rebound still depends on forces well outside crypto.
Cointelegraph reports that BTC held most of its recovery after bouncing at $80,000 on Thursday. The move came as South Korean technology shares stabilized and traders reduced the odds of another Federal Reserve rate increase in October.
That combination gave Bitcoin breathing room. It did not remove the pressure.
South Korea’s KOSPI closed at 5,668 after gaining 2% on Friday, yet it was still down 8.3% for the week. US stocks were mixed, with the Nasdaq down about 0.5% and the S&P 500 up about 0.5%.
The source also put the 10-year Treasury yield near 5.07% after an
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