Bitcoin crashes through $81,000 buy wall as $1 billion crypto liquidation bloodbath unfolds

Bitcoin registered an intraday low near $80,000 as a cryptocurrency selloff triggered over $1 billion in liquidations, overwhelmingly hitting traders betting on higher prices. The largest cryptocurrency traded around $80,744 as of press time, down 3% over 24 hours and roughly 4% over the past week, extending a retreat from its recent attempt to reclaim […] The post Bitcoin crashes through $81,000 buy wall as $1 billion crypto liquidation bloodbath unfolds appeared first on CryptoSlate.
Key Takeaways
- Bitcoin registered an intraday low near $80,000 as a cryptocurrency selloff triggered over $1 billion in liquidations, overwhelmingly hitting traders betting on higher prices.
- The largest cryptocurrency traded around $80,744 as of press time, down 3% over 24 hours and roughly 4% over the past week, extending a retreat from its recent attempt to reclaim […] The post Bitcoin crashes through $81,000 buy wall as $1 billion crypto liquidation bloodbath unfolds appeared first on CryptoSlate.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3

PumpFun is making millions from a market where 81% of memecoins crashed 90%
Talos reports rare observed recoveries, while platform fees and PUMP burns offer no automatic route back to break-even for other tokens. The post PumpFun is making millions from a market where 81% of memecoins crashed 90% appeared first on CryptoSlate.

Strategy Sets October 29 Date For Its Next Major Bitcoin Treasury Update
Strategy will report third-quarter 2026 results after US markets close on October 29 and hold a live webinar at 5 p.m. Eastern Time. The update will give investors the next full financial snapshot of the world's largest corporate Bitcoin treasury.

XRP Ledger Batch Upgrade Nears Activation After Validator Vote Reset
The XRP Ledger's BatchV1_1 amendment remains in its activation window and is expected to enable around October 9 if validator support stays above the required threshold. The upgrade allows multiple transactions to be bundled into an atomic group, replacing an…