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Cryptocurrency market drops as Bitcoin and major coins decline, $224M liquidated in 24 hours

Market News
12 Oct 2026
Tokenpost
View Source
Bearish
Cryptocurrency market drops as Bitcoin and major coins decline, $224M liquidated in 24 hours

The cryptocurrency market experienced a decline with Bitcoin dropping 0.73% to $83,008 and the total market value falling to $2.81 trillion. Major coins like Ether, XRP, BNB, Solana, and Dogecoin also saw decreases, contributing to a 2.84% overall market cap drop. Liquidations across major exchanges Binance, Bybit, and OKX totaled $224.2 million, mostly from long positions. This downturn follows a recent period of Bitcoin gains amid a declining total crypto market value, indicating ongoing volatility.

Bitcoin trades at Rp1.480.702.704 on Pluang, down 0.78% as of Oct 13, 2026 04:12 WIB, showing a slight decline consistent with the broader market trend. XRP and Solana also face notable drops of 3.13% and 2.69% respectively, with XRP priced at Rp24.388 and Solana at Rp1.932.389. This data highlights ongoing volatility in major cryptocurrencies during the recent market cap decrease.

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