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Nearly $1 billion in crypto bets liquidated as bitcoin, ether, and XRP prices fall sharply

Market News
15 Oct 2026
Coindesk
View Source
Bearish
Nearly $1 billion in crypto bets liquidated as bitcoin, ether, and XRP prices fall sharply

Nearly $1 billion in cryptocurrency futures positions were liquidated within 24 hours amid falling prices for bitcoin, ether, and XRP. Ether traders faced the largest losses, with about $286 million in liquidations as ether dropped over 6% to around $2,350. Bitcoin fell about 3% to roughly $81,000, while other tokens like Solana, dogecoin, and Zcash also declined. The sell-off was driven by uncertainty over the Federal Reserve's upcoming interest rate decision, which pressured the crypto market and forced many leveraged traders to close positions automatically, adding further downward pressure.

Bitcoin's market cap stands at Rp29,150.63 trillion as of Oct 15, 2026, 11:41 WIB, with a 1-day price drop of 2.48% to Rp1,463,216,541 on Pluang. XRP also declined 3.51% to Rp23,712, holding a market cap of Rp1,475.9 trillion, while Solana's market cap is Rp1,099.96 trillion with a 3.44% price decrease. These figures highlight the continuing volatility in major cryptocurrencies during this period of uncertainty.

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