{
  "id": 10411154,
  "title": "Bitcoin drops under $83K as liquidity hunting keeps bulls from targeting yearly open",
  "url": "https://urgent.news/2026/09/28/bitcoin-drops-under-83k-as-liquidity-hunting-keeps-bulls-from",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T09:03:20.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/markets/bitcoin-drops-under-83k-as-liquidity-hunting-keeps-bulls-from-targeting-yearly-open"
  },
  "original_language": "en",
  "account": "Bitcoin experienced a drop under $83,000 on Monday after US President Donald Trump remained silent on ending strikes against Iran. The cryptocurrency failed to surpass its eight-month highs above $87,000. Liquidity hunting contributed to the decline, with over $30 million in ask liquidity concentrated around $85,700, indicating large traders attempting to manipulate the price. CoinGlass data showed that the drop liquidated approximately $70 million worth of long positions within 24 hours. US stocks futures also fell, and WTI crude oil surpassed $95 per barrel for the first time since September 24. The $85,700 price level obstructed a resurgence towards the 2026 year-open at $88,700. Prior to the weekly close, trader Aksel Kibar cautioned that Bitcoin's performance did not signify a decisive breakout and that a return inside the range between $60,000 and $80,000 was possible.",
  "summary": "Bitcoin joined US stock futures in dropping on Monday after US president Donald Trump did not commit to permanently halting strikes on Iran.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}