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Bitcoin drops below $81K amid $1.14B crypto liquidations in broad market sell-off

Market News
08 Oct 2026
Tokenpost
View Source
Bearish
Bitcoin drops below $81K amid $1.14B crypto liquidations in broad market sell-off

Bitcoin fell below $81,000 following a widespread crypto sell-off that triggered $1.14 billion in leveraged position liquidations within 24 hours. Ether led the liquidations with $333 million, while Bitcoin long positions accounted for $270 million, highlighting significant losses for traders betting on price rises. The sell-off erased Bitcoin's early October gains after it failed to surpass $87,000 on October 6. This downturn reflects increased market volatility and could impact trader sentiment moving forward.

Bitcoin's market cap on Pluang stands at Rp29.233,11 trillion as of October 9, 2026, 00:51 WIB, with a 24-hour trading volume of Rp735,15 trillion. Despite the recent drop below $81,000 reported in the news, Bitcoin trades at Rp1.439.466.720 on Pluang, showing a 1-day decline of 3.07%. The platform data also shows a strong buy sentiment, with 76% of orders being buys and a typical holding period of 111 days, indicating longer-term investor confidence amid short-term volatility.

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