{"id":31344,"date":"2026-10-10T13:05:55","date_gmt":"2026-10-10T13:05:55","guid":{"rendered":"https:\/\/pettysackingforum.com\/?p=31344"},"modified":"2026-10-10T13:05:55","modified_gmt":"2026-10-10T13:05:55","slug":"bitcoin-falls-below-82k-as-crypto-liquidations-near-1b","status":"publish","type":"post","link":"https:\/\/pettysackingforum.com\/?p=31344","title":{"rendered":"Bitcoin falls below $82K as crypto liquidations near $1B"},"content":{"rendered":"
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Bitcoin BTC fell below $82,000 on Thursday as a broader cryptocurrency selloff triggered nearly $1 billion in liquidations, while rising oil prices and geopolitical tensions added to pressure on risk assets.<\/p>\n

Bitcoin touched an intraday low of $80,426.95 before recovering to around $81,423.05, leaving it down 2.9% over the previous 24 hours. <\/p>\n

The decline came as investors assessed renewed pressure across financial markets alongside a sharp rise in energy prices.<\/p>\n

The selloff also spread to major crypto-linked stocks and other digital assets, with traders holding long positions accounting for most of the liquidations recorded over the past day.<\/p>\n

Crypto-linked stocks fall as Bitcoin selloff spreads<\/h2>\n

Large-cap cryptocurrency equities also declined during Thursday’s trading session.<\/p>\n

Strategy (MSTR), Coinbase (COIN) and Block (XYZ) each fell more than 2% in today’s trade. Circle (CRCL), the issuer of the USDC stablecoin, declined as much as 1.5%.<\/p>\n

Ethereum treasury company Bitmine Immersion Technologies (BMNR) was among the hardest-hit crypto-related stocks. Its shares fell more than 5% in midday trading, reaching levels last seen in mid-September.<\/p>\n

The weakness in crypto-linked equities followed declines across major digital assets.<\/p>\n

Solana fell 7.1% over the previous 24 hours to $107.92, while Dogecoin dropped 6.4% to about $0.08. <\/p>\n

XRP and Ethereum each declined about 4.5%, with XRP trading near $1.36 and Ethereum around $2,440.<\/p>\n

The moves came as traders faced increased volatility across the cryptocurrency market and broader risk assets.<\/p>\n

Nearly $1B in crypto positions liquidated<\/h2>\n

Data from CoinGlass showed total cryptocurrency liquidations of $974 million over the previous 24 hours.<\/p>\n

Long positions accounted for $896 million of the total, compared with $78 million in short liquidations. <\/p>\n

The figures indicate that traders positioned for further gains suffered most of the forced closures during the selloff.<\/p>\n

Ethereum led liquidations with $311 million, followed by Bitcoin at $238 million.<\/p>\n

The heavy liquidation activity added to downward pressure as leveraged traders were forced to close positions amid falling prices.<\/p>\n

Bitcoin’s decline also came alongside significant movements of cryptocurrency linked to US government seizures.<\/p>\n

Arkham data showed that wallets linked to the US government moved 12,267 Bitcoin, worth about $1.01 billion, from a wallet associated with a Bitfinex hack seizure to new, unlabeled addresses, reported CoinDesk.<\/p>\n

No exchange deposit appeared in the transaction, suggesting the movement was a transfer between wallets rather than an immediate sale.<\/p>\n

The move followed heavier exchange-bound activity a day earlier, when about 3,200 Bitcoin worth roughly $264 million, along with $119 million in USDT, moved to Coinbase Prime deposit addresses. <\/p>\n

The funds were traced to wallets linked to the FTX\/Alameda and Bitfinex seizures.<\/p>\n

Oil rally adds pressure to risk assets<\/h2>\n

The cryptocurrency selloff coincided with another rise in oil prices, adding to concerns about inflation and broader market risk.<\/p>\n

West Texas Intermediate crude futures for November rose as much as 5.5% to around $93 a barrel before paring gains to roughly $91. <\/p>\n

Brent crude futures for December reached $105.65 before easing to about $104.43.<\/p>\n

The oil rally followed an overnight attack on a tanker off the coast of Qatar, increasing concerns about regional security and energy supplies.<\/p>\n

Oil prices later pulled back after President Donald Trump said in a Truth Social post that there were no plans to attack Iran before the midterm elections.<\/a> The comments appeared to ease some immediate concerns about further military action, although oil prices remained elevated.<\/p>\n

Meanwhile, prediction market Kalshi Crypto said its traders were forecasting Bitcoin could fall to $78,000 this month following the government-linked Bitcoin transfer.<\/p>\n<\/p>\n

The post Bitcoin falls below $82K as crypto liquidations near $1B<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin BTC fell below $82,000 on Thursday as a broader cryptocurrency selloff triggered nearly $1 billion in liquidations, while rising oil prices and geopolitical tensions added to pressure on risk assets. Bitcoin touched an intraday low of $80,426.95 before recovering to around $81,423.05, leaving it down 2.9% over the previous 24 hours. The decline came […]<\/p>\n","protected":false},"author":1,"featured_media":31345,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[],"class_list":["post-31344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news"],"_links":{"self":[{"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/posts\/31344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31344"}],"version-history":[{"count":0,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/posts\/31344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/media\/31345"}],"wp:attachment":[{"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}