Speculative trading cools off, Bitcoin approaches recent lows, Nasdaq closes down nearly 2%.

BlockBeats news, October 15th, according to HTX market data, Bitcoin fell 2.02% in 24 hours, currently reported at $81,480, approaching the lower edge of its recent trading range. While cryptocurrency analysts have largely turned bullish, Bitcoin is still being dragged down by a broader pullback in risk assets. As the largest cryptocurrency by market capitalization, Bitcoin is trading near $81,700.

Due to inflation data coming in higher than expected and chipmaker stocks once again facing selling pressure, market interest in speculative trading has cooled, and the cryptocurrency market has weakened accordingly. The Nasdaq 100 fell 2%, and the dollar rose to its highest level since May 2025. After consumer prices in September rose at their fastest pace since April, traders further increased bets that the Federal Reserve will continue raising interest rates.

According to BIT (bit.com) market data, U.S. stocks closed lower on Wednesday, with the Dow down 0.09%, the S&P 500 down 1.1%, and the Nasdaq down 1.88%. Micron Technology (MU.O) fell 4%, SK Hynix (SKHY.O) fell 6%, Nvidia (NVDA.O) fell 3%, Coreweave (CRWV.O) dropped more than 15%, and Dell (DELL.N) fell more than 11%.