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Bitcoin drops over 4% amid $1.1B crypto liquidations, pressuring leveraged traders and risk assets.

Market News
08 Oct 2026
Tokenpost
View Source
Bearish
Bitcoin drops over 4% amid $1.1B crypto liquidations, pressuring leveraged traders and risk assets.

Bitcoin fell more than 4% to near $80,000 as crypto liquidations surpassed $1.1 billion, mainly affecting traders with long positions. Ether, XRP, and Solana also saw significant declines, reflecting broader market stress. Rising Brent crude prices and higher Treasury yields, alongside expectations of further Federal Reserve tightening, contributed to the selloff. These liquidations forced exchanges to close leveraged positions, intensifying market volatility.

Bitcoin trades at Rp1.445.104.878 on Pluang, down 2.85% as of Oct 09, 2026 01:02 WIB, showing ongoing pressure after the recent selloff. XRP and Solana are also lower, with XRP down 6.29% at Rp23.741 and Solana down 8.43% at Rp1.901.990, reflecting continued market volatility. Despite the declines, Pluang users maintain a majority buy order activity across these assets, indicating sustained interest amid the turbulent environment.

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