By Isaac • October 13, 2026 3:53 pm •
Bitcoin absorbed another violent leverage flush on Tuesday and still found its way back above $83,000.
The largest cryptocurrency fell below $81,000 during Asian trading before recovering more than 3% from the low, according to CryptoSlate. The rebound came after more than $800 million in leveraged crypto positions were liquidated across the market, with bullish bets accounting for most of the damage.
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Bitcoin’s recovery was meaningful because risk assets around it were still under pressure. The broader crypto market remained weak, derivatives positioning still favored sellers, and the move stalled near the same $84,000 area that traders have been watching as near-term resistance.
The result was a split picture: Bitcoin recovered faster than many risk assets,
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