{"id":79472,"date":"2026-10-13T18:23:15","date_gmt":"2026-10-13T18:23:15","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/wall-street-earnings-sliding-chip-stocks-keep-bitcoins-price-at-bay\/"},"modified":"2026-10-13T18:23:15","modified_gmt":"2026-10-13T18:23:15","slug":"wall-street-earnings-sliding-chip-stocks-keep-bitcoins-price-at-bay","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/wall-street-earnings-sliding-chip-stocks-keep-bitcoins-price-at-bay\/","title":{"rendered":"Wall Street Earnings, Sliding Chip Stocks Keep Bitcoin&#8217;s Price at Bay"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin\u2019s price recovered to $83,445 Tuesday after briefly falling below $81,000 amid heavy liquidations.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">JPMorgan Chase missed earnings expectations, while Goldman Sachs delivered a powerful trading quarter.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Nvidia and other chipmakers faced selling pressure as Wall Street awaited Wednesday\u2019s inflation report.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Bitcoin\u2019s Price Reclaims $83K as Wall Street Wobbles and Chip Stocks Take a Beating<\/h2>\n<p>Wall Street had two problems on Tuesday. America\u2019s biggest banks couldn\u2019t agree on whether business was booming, and the semiconductor industry was having another miserable day. JPMorgan Chase <a href=\"https:\/\/www.reuters.com\/business\/finance\/jpmorgans-profit-rises-investment-banking-trading-strength-2026-10-13\/\" target=\"_blank\" rel=\"noopener noreferrer\">stumbled on earnings<\/a> while Goldman Sachs came out swinging, leaving investors to sort through conflicting signals from the financial sector.<\/p>\n<h3>Top Wall Street Indexes at 1 p.m. ET | Oct. 13, 2026<\/h3>\n<div>\n<div>\n<div>\n<div class=\"table-wrapper\">\n<div class=\"hidden lg:block\">\n<table>\n<thead>\n<tr>\n<th>Index<\/th>\n<th>Value<\/th>\n<th>Point Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Nasdaq Composite<\/td>\n<td>27,211.86<\/td>\n<td>\ud83d\udd34 -34.05<\/td>\n<\/tr>\n<tr>\n<td>NYSE Composite<\/td>\n<td>23,958.61<\/td>\n<td>\ud83d\udd34 -32.12<\/td>\n<\/tr>\n<tr>\n<td>Dow Jones Industrial Average<\/td>\n<td>51,676.69<\/td>\n<td>\ud83d\udd34 -173.86<\/td>\n<\/tr>\n<tr>\n<td>S&amp;P 500<\/td>\n<td>7,802.57<\/td>\n<td>\ud83d\udd34 -4.67<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>All four major indexes were trading in negative territory at 1 p.m. Eastern time Tuesday, with the Dow shedding nearly 174 points.<\/p>\n<p>Technology shares, meanwhile, took another beating as questions surrounding artificial intelligence investments and Chinese competition rattled chipmakers. Across the <a href=\"https:\/\/www.bitcoin.com\/price\/\" target=\"_blank\" rel=\"noopener noreferrer\">cryptocurrency market<\/a>, bitcoin staged a recovery of its own, climbing toward $83,500 after a liquidation-fueled retreat below $81,000 left leveraged traders nursing substantial losses.<\/p>\n<h2>JPMorgan Stumbles While Goldman Sachs Comes Out Swinging<\/h2>\n<p>Tuesday, Oct. 13, 2026, brought a mixed bag of third-quarter earnings from America\u2019s banking heavyweights, with JPMorgan Chase delivering a rare disappointment. The banking giant reported earnings per share of $5.57, or approximately $5.75 after adjusting for certain securities losses, falling short of Wall Street\u2019s roughly $5.90 consensus estimate. Revenue landed between $50.2 billion and $50.9 billion, also missing expectations.<\/p>\n<p>Goldman Sachs, however, had an entirely different story to tell. The investment banking powerhouse <a href=\"https:\/\/www.goldmansachs.com\/pressroom\/press-releases\/current\/pdfs\/2026-q3-results.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">reported earnings of $17.01 per share<\/a> on $18.68 billion in revenue, propelled by a 72% year-over-year jump in equities trading revenue to $6.44 billion. Wells Fargo posted slightly better-than-expected earnings but disappointed on revenue, while Citigroup delivered results broadly in line with expectations. Bank of America and Morgan Stanley are scheduled to report on Wednesday, potentially offering investors a clearer picture of the banking industry\u2019s financial health.<\/p>\n<h2>Semiconductor Stocks Get Clobbered for 5th Straight Session<\/h2>\n<p>While banking earnings delivered conflicting signals, semiconductor stocks faced considerably more consistent selling pressure. The Philadelphia Semiconductor Index <a href=\"https:\/\/www.google.com\/finance\/quote\/SOX:INDEXNASDAQ\" target=\"_blank\" rel=\"noopener noreferrer\">shed approximately 1.5%<\/a>, extending its losing streak to five consecutive sessions and touching its lowest level in roughly four weeks. Memory and storage manufacturers absorbed some of the heaviest blows. Micron Technology declined between 3% and 4.5%, while Seagate Technology and Western Digital suffered losses approaching or exceeding 6%.<\/p>\n<p><a href=\"https:\/\/news.bitcoin.com\/featured\/anthropic-ipo-polymarket-2-trillion-nvidia\/\">Firms like Nvidia<\/a>, Advanced Micro Devices (AMD) and Marvell Technology also traded lower. The trouble followed reports that Chinese memory manufacturer CXMT had made technological advances in higher-density memory architecture, raising fresh concerns about competitive pressures facing American semiconductor companies. Broadcom CEO Hock Tan added another wrinkle, comparing certain artificial intelligence investment practices to \u201ccasino gambling.\u201d<\/p>\n<p>The selling wasn\u2019t confined to American markets. South Korea\u2019s benchmark KOSPI index tumbled more than 5%, with Samsung Electronics and SK Hynix suffering substantial declines.<\/p>\n<h2>Bitcoin Fights Back After Leveraged Traders Take a Walloping<\/h2>\n<p>Against that uneasy backdrop, bitcoin\u2019s price managed to <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-price-recovery-stalls-as-84000-resistance-holds-firm\/\">recover some lost ground<\/a>. At approximately 12:28 p.m. Eastern time Tuesday, bitcoin traded near $83,445, recovering from a recent low around $80,948. The rebound followed a bruising liquidation episode that reportedly eliminated between <a href=\"https:\/\/www.coinglass.com\/liquidations\" target=\"_blank\" rel=\"noopener noreferrer\">$728 million in leveraged cryptocurrency positions<\/a> across different crypto markets.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/bitcoin\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"bitcoin market data\"><\/iframe> <\/p>\n<p>Long positions accounted for approximately 83% to 89% of those liquidations, reflecting the disproportionate punishment inflicted on traders betting that prices would climb. One particularly costly position involved a roughly $9.65 million bitcoin long on Binance that was liquidated near $81,773. Despite the carnage, derivatives positioning suggested that bullish speculation hadn\u2019t disappeared entirely.<\/p>\n<h3>Top 5 Cryptocurrencies at 1 p.m. ET | Oct. 13, 2026<\/h3>\n<div>\n<div>\n<div>\n<div class=\"table-wrapper\">\n<div class=\"hidden lg:block\">\n<table>\n<thead>\n<tr>\n<th>Rank<\/th>\n<th>Cryptocurrency<\/th>\n<th>Price<\/th>\n<th>24H Change<\/th>\n<th>7D Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1<\/td>\n<td>Bitcoin (BTC)<\/td>\n<td>$83,338.51<\/td>\n<td>\ud83d\udfe2 +1.0%<\/td>\n<td>\ud83d\udd34 -3.8%<\/td>\n<\/tr>\n<tr>\n<td>2<\/td>\n<td>Ethereum (ETH)<\/td>\n<td>$2,512.12<\/td>\n<td>\ud83d\udd34 -0.4%<\/td>\n<td>\ud83d\udd34 -7.7%<\/td>\n<\/tr>\n<tr>\n<td>3<\/td>\n<td>Tether (USDT)<\/td>\n<td>$0.9993<\/td>\n<td>\ud83d\udfe2 0.0%<\/td>\n<td>\ud83d\udd34 -0.1%<\/td>\n<\/tr>\n<tr>\n<td>4<\/td>\n<td>BNB (BNB)<\/td>\n<td>$744.24<\/td>\n<td>\ud83d\udd34 -0.4%<\/td>\n<td>\ud83d\udd34 -5.5%<\/td>\n<\/tr>\n<tr>\n<td>5<\/td>\n<td>XRP (XRP)<\/td>\n<td>$1.37<\/td>\n<td>\ud83d\udd34 -0.4%<\/td>\n<td>\ud83d\udd34 -10.2%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>Bitcoin was the only cryptocurrency among the top five posting a meaningful 24-hour gain, climbing 1%. XRP suffered the steepest seven-day decline at 10.2%, followed by ethereum at 7.7%.<\/p>\n<p>Bitcoin perpetual futures funding rates remained modestly positive, ranging from approximately 0.0037% to 0.0079% per eight-hour interval, while long positions represented roughly 54% to 55%.<\/p>\n<h2>Wall Street Waits for Its Next Inflation Reality Check<\/h2>\n<p>By midday, the Dow Jones Industrial Average hovered around 51,700 to 52,200, while the S&amp;P 500 traded near 7,800 and the Nasdaq Composite remained under pressure around 27,150. Elevated Treasury yields, <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-price-defies-681m-etf-outflow-as-oil-trades-above-100\/\">higher oil prices<\/a>, and lingering questions about artificial intelligence valuations continued weighing on investor confidence.<\/p>\n<p>Bitcoin, meanwhile, faces resistance around $84,000 to $84,250, with support near $82,000 and its recent low around $80,948. Wednesday\u2019s consumer price index (CPI) report now looms over both markets, followed by producer price data on Thursday. Bitfinex analysts <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-price-faces-cpi-reckoning-as-analysts-eye-81300-support\/\">told Bitcoin.com News<\/a> on Monday that the two forthcoming inflation reports could carry considerable weight for the cryptocurrency market.<\/p>\n<p>Wall Street has bank profits to celebrate, chip losses to explain, and inflation numbers to confront. Bitcoin has recovered from its latest liquidation scare, and stocks are meandering, but none of the markets out there today have established that the worst of the selling is behind them. By the end of writing this report, at 1:15 p.m., bears were suppressing bitcoin\u2019s price, and BTC was struggling to hold $83,000.<\/p>\n<p>A few minutes prior, at 1:10 p.m., the leading crypto asset tapped an intraday low of $83,062.<\/p>\n<div class=\"not-prose my-3 lg:my-4\">\n<div class=\"overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] hidden md:flex md:flex-row md:gap-3 lg:hidden\"><a aria-hidden=\"true\" tabindex=\"-1\" class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\" href=\"https:\/\/news.bitcoin.com\/bitcoin-price-falls-below-82k-as-406m-in-longs-get-liquidated\/\"><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<p><\/a><\/div>\n<div class=\"overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] hidden lg:flex lg:flex-row lg:gap-4\"><a aria-hidden=\"true\" tabindex=\"-1\" class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\" href=\"https:\/\/news.bitcoin.com\/bitcoin-price-falls-below-82k-as-406m-in-longs-get-liquidated\/\"><img alt=\"Bitcoin Price Falls Below $82K as $406M in Longs Get Liquidated\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-falls-below-82k-as-406m-in-longs-get-liquidated-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-falls-below-82k-as-406m-in-longs-get-liquidated-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-falls-below-82k-as-406m-in-longs-get-liquidated-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-falls-below-82k-as-406m-in-longs-get-liquidated-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-falls-below-82k-as-406m-in-longs-get-liquidated-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-falls-below-82k-as-406m-in-longs-get-liquidated-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-falls-below-82k-as-406m-in-longs-get-liquidated-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-falls-below-82k-as-406m-in-longs-get-liquidated-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-falls-below-82k-as-406m-in-longs-get-liquidated-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-falls-below-82k-as-406m-in-longs-get-liquidated-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-falls-below-82k-as-406m-in-longs-get-liquidated-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-falls-below-82k-as-406m-in-longs-get-liquidated-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<p><\/a><\/p>\n<div class=\"flex min-w-0 flex-1 flex-col justify-center gap-2\">\n<p class=\"m-0 line-clamp-2 text-base leading-[1.3] !text-[#67656E]\">Bitcoin cracked below $82,000 Monday evening, setting off another painful reckoning for leveraged crypto traders. Nearly $489 million in positions\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/market-updates\/wall-street-earnings-sliding-chip-stocks-keep-bitcoins-price-at-bay\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitcoin\u2019s price recovered to $83,445 Tuesday after briefly falling below $81,000 amid heavy liquidations. JPMorgan Chase missed earnings expectations, while Goldman Sachs delivered a powerful trading quarter. Nvidia and other chipmakers faced selling pressure as Wall Street awaited Wednesday\u2019s inflation report. Bitcoin\u2019s Price Reclaims $83K as [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":79473,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/79472"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=79472"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/79472\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/79473"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=79472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=79472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=79472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}