# Bitcoin Tops $83,000 as $195 Million in Crypto Shorts Are Liquidated

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/36666
Published: 2026-10-21T12:33:26.000Z
Updated: 2026-10-21T12:33:26.000Z
Section: Investing

> Ether traded at $2,455, up 2.39% over 24 hours, while a crypto sentiment gauge rose to 63.

Bitcoin (BTC) traded above $83,000 after touching $81,322 on Oct. 20, while about $195 million in short positions were liquidated across crypto derivatives over 24 hours.

Bitcoin stood at $83,004, up 1.51% over 24 hours. Ether (ETH) traded at $2,455, a 2.39% gain over the same period. Bitcoin reached an intraday high of $83,439, while Ether touched $2,478.

Crypto derivatives liquidations totaled about $279 million over 24 hours. Short positions accounted for nearly 70% of the total, compared with about $84.4 million in long positions. Ether contracts accounted for about $92.9 million in liquidations.

The Crypto Fear and Greed Index rose eight points to 63 at 8 p.m. ET Oct. 20 (00:00 UTC Oct. 21). The reading was in its “greed” range and matched the top of its eight-day range of 53 to 63.

U.S. stocks ended Oct. 20 mixed. The Dow Jones Industrial Average gained 1.02% and the S&P 500 rose 0.28%, while the Nasdaq Composite slipped 0.02%.