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Bitcoin falls below $81K amid $1.1B crypto liquidations and Middle East tensions

Market News
08 Oct 2026
Bitcoin
View Source
Bearish
Bitcoin falls below $81K amid $1.1B crypto liquidations and Middle East tensions

Bitcoin's price dropped below $81,000, hitting an intraday low near $80,500, amid a market sell-off triggered by rising Brent crude oil prices due to Middle East conflicts. Over $1.1 billion in crypto positions were liquidated, with Ethereum leading at $333 million. The sell-off erased Bitcoin's early October gains and pushed its market cap down from $1.74 trillion to about $1.62 trillion. Analysts warn that if Bitcoin fails to hold support around $81,500-$82,000, it could fall further to $75,000 or lower.

Following the recent crypto market turbulence, Bitcoin on Pluang trades at Rp1.439.466.720 with a 3.07% decline over the past day as of Oct 09, 2026 00:51 WIB. Ethereum also shows a sharper drop, down 5.09% to Rp43.151.234. Despite the sell-off, Pluang users maintain a buying preference with 76% buy orders for Bitcoin and 71% for Ethereum, holding their assets for around 111 and 107 days respectively.

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