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Bitcoin dips below $80K amid heavy liquidations and ETF outflows, with $75K eyed as next key support.

Market News
24 Oct 2026
Blockonomi
View Source
Bearish
Bitcoin dips below $80K amid heavy liquidations and ETF outflows, with $75K eyed as next key support.

Bitcoin's price fell below $80,000, hitting lows around $79,146 to $79,263, driven by $239.65 million in Bitcoin liquidations, mostly from long positions. U.S. spot Bitcoin ETFs saw significant outflows totaling over $770 million across two days, weakening institutional demand. Analyst Peter Schiff warned that $75,000 could be the next critical support level if Bitcoin fails to hold $80,000, noting ETF investors cannot react until markets reopen Monday. The upcoming Federal Reserve meeting adds further uncertainty to the market outlook.

Bitcoin price action is the subject, with Pluang market data providing context as of Oct 25, 2026 03:51 WIB. For readers following cryptocurrency broadly, Pluang's snapshot shows 4 of 50 major cryptocurrencies rose while 45 fell. Notable movers include AXS at Rp17.232 with a 1-day change of -5.10% and a Pluang order activity of 68% Sell / 32% Buy, MANA at Rp1.423 down 4.82% with 0% Sell / 100% Buy, and SNX at Rp3.570 down 4.75% with 0% Sell / 100% Buy.

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