Cryptocurrency14 Oct 2026SEO 801 min read

Analysis: Live updates: Bitcoin tumbles from near $84,000 ahead of U.S. inflation data

Bitcoin knocked back from $84,000 as the Nasdaq holds it on a short leash A brief spike to $84,000 early Wednesday faded within the hour, leaving bitcoin down…

Bitcoin knocked back from $84,000 as the Nasdaq holds it on a short leash A brief spike to $84,000 early Wednesday faded within the hour, leaving bitcoin down 0.5% at about $83,200. It’s still boxed between its 50-day moving average near $81,000 and a ceiling at $84,000. The 50-day moving average is bitcoin’s average closing price over the past 50 days, and traders watch it for the medium-term trend. Buyers defended it on Tuesday, when bitcoin bottomed near $81,000, but they haven’t managed to…

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