Bitcoin led a $121 billion crypto market sell-off on October 7, falling over 3% from $85,550 to below $83,000. The drop triggered more than $600 million in liquidations, mostly from short positions. Despite strong US stock market gains, Bitcoin's demand appears weak, with significant selling pressure from short-term holders. Analysts warn of key liquidation zones near $75,000 and $60,000, suggesting further downside risk before any sustained recovery above $85,000.
Following the recent sharp drop in Bitcoin prices, on Pluang, BTC trades at Rp1.483.636.203 as of Oct 07, 2026 21:23 WIB, down 3.92% in the last day. The platform shows a market cap of Rp29.961,79 trillion and a 24-hour trading volume of Rp652,27 trillion. Notably, sell orders slightly dominate at 53%, while the typical holding period among Pluang users is 111 days.
On October 7, Bitcoin experienced $12.39 million in long-position liquidations within one hour ending at 9:46 a.m. ET, as its price fell 0.54% from $83,455 to $83,003. Total liquidations during this period reached $12.40 million, with nearly all from...
Dogecoin led losses among major cryptocurrencies, dropping about 7% to $0.089 as Bitcoin, Ethereum, and XRP also declined amid a broad market selloff. The selloff is linked to rising oil prices above $100 per barrel, higher U.S. Treasury yields surpa...
Bitcoin traded near $84,300 after a brief dip, continuing its struggle to break the $87,000 resistance level. Data shows that while total Bitcoin inflows to Binance are unusually low, the share of large whale deposits has increased, suggesting more a...
Bitcoin's price fell sharply to $83,404 after a high-volume selloff erased support around $85,500. The 1-hour chart shows strong bearish signals with the price below all moving averages and an RSI at 27, indicating short-term selling pressure. Howeve...
A transfer of 2,500 bitcoins valued at over $209 million was made from an unknown wallet to the Bitfinex exchange, following similar large transfers in late September. This activity suggests increased market movement and has led to speculation about ...
