Bitcoin fell about $2,000 within 30 minutes after reaching above $85,600, causing a wave of liquidations in leveraged crypto markets totaling over $550 million in 24 hours. Most losses came from long positions, forcing over 100,000 traders out of their bets on rising prices. Ether also dropped 4% below $2,600, with other coins like XRP, DOGE, and ADA losing up to 6%. The selloff coincided with large transfers of Bitcoin and BNB from U.S. government-linked wallets to exchanges, though no direct sale was confirmed. This rapid decline highlights the risks of leveraged trading and could lead to further market volatility.
Bitcoin trades at Rp1.504.460.261 on Pluang, down 1.85% as of Oct 07, 2026 12:02 WIB, reflecting ongoing market caution after recent sharp drops. XRP and ADA also show notable declines, with XRP down 2.37% at Rp26.191 and ADA down 5.46% at Rp4.557, indicating sustained selling pressure. This aligns with the article's report of leveraged position liquidations and volatile crypto market conditions.
Bitcoin sharply fell below $84,000, dropping $1,600 in about 15 minutes and causing over $400 million in liquidations of leveraged long positions. This rapid decline pressured major cryptocurrencies, with Ether down 3.5%, XRP down 2.7%, BNB down 2.3%...
U.S. spot Bitcoin exchange-traded funds (ETFs) recorded net inflows of $118.8 million on October 6, reversing a prior session's outflow. Over five days, total inflows reached $172.9 million, with BlackRock's iShares Bitcoin Trust leading at $122 mill...
US spot Bitcoin exchange-traded funds (ETFs) recorded a combined net inflow of $119 million on October 6, driven mainly by Blackrock's IBIT fund, which attracted $122 million—the largest daily inflow among these products. Morgan Stanley's MSBT follow...
Bitcoin fell about 1.5% to just above $84,200 amid escalating Iranian attacks on tankers, which pushed oil prices, Treasury yields, and the dollar higher. Other major cryptocurrencies like Dogecoin, Ether, and XRP also saw notable declines. A break b...
Bitcoin's price fell sharply below $84,000, reaching $83,551 on Coinbase amid a sudden market sell-off. This decline triggered the liquidation of $83 million worth of long positions within 24 hours, indicating significant trader losses and increased ...
