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Finance / Automotive Automotive

Bitcoin drops to $81,400 as Asian chip stocks tumble, options traders seek downside protection

Source: coinDesk October 20, 2026 · 03:22
Bitcoin drops to $81,400 as Asian chip stocks tumble, options traders seek downside protection
From the publisher
Bitcoin slipped 0.5% to around $81,400 even after the biggest daily spot ETF inflow in nearly a month as South Korea's Kospi index fell 3.7% on AI worries.
About the source

CoinDesk

CoinDesk is an American news site specializing in bitcoin and digital currencies. Founded by Shakil Khan, the firm also provides guides to bitcoin for those new to digital currencies.

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Wikidata Q18348227
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About South Korea

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Capital
Seoul
Region
East Asia & Pacific
Income level
High income
ISO code
KOR
Data: World Bank
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