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

CoinDesk·October 20, 2026·1 min read
Bitcoin drops to $81,400 as Asian chip stocks tumble, options traders seek downside protection

Bitcoin slipped 0.5% to around $81,400 despite the biggest daily spot ETF inflow in nearly a month. South Korea's Kospi index fell 3.7% on AI worries, dragging Asian chip stocks down. Options traders sought downside protection as market jitters persisted.

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