Bitcoin consolidates near $82.5K as crypto weathers Ledger theft reports
Summary
Bitcoin rebounded toward $83,000 after falling to $80,350, while traders watched $82,500 support and liquidity near $84,000. Crypto liquidations exceeded $1 billion in 24 hours. Markets appeared to shrug off reports of theft affecting Ledger wallet users; Ledger linked the claims to a Southeast Asian reseller and advised affected users to move assets to a new signer with a new seed. Traders also awaited the weekly close and US inflation data due Oct. 14. Bitfinex Alpha expected BTC to trade between $81,300 and $86,500 ahead of the release.
