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Bitcoin drops below $82,000, triggering $120M in liquidations in 15 minutes

Market News
12 Oct 2026
Crypto Briefing
View Source
Bearish
Bitcoin drops below $82,000, triggering $120M in liquidations in 15 minutes

Bitcoin fell below $82,000 on October 12, causing $120 million in leveraged long positions to be liquidated within 15 minutes. This rapid sell-off added downward pressure on the price, continuing a volatile period after Bitcoin's recent peak near $87,000. Traders are closely watching the $81,300 to $82,000 support zone, as a break below could lead to more forced selling. The moves appear driven by traders unwinding leverage rather than new regulatory or fundamental changes.

Bitcoin's recent drop below $82,000 coincides with a broad decline in major cryptocurrencies on Pluang. As of Oct 13, 2026 06:21 WIB, only 4 of 50 major cryptocurrencies rose while 45 fell. Among notable movers, SAND fell 9.43% to Rp1.070, UNI declined 8.73% to Rp126.883, and NEO dropped 8.50% to Rp43.620, contrasting with Bitcoin's volatile support zone near $81,300 to $82,000.

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